By Christopher Romano — Dec 01 - 01:40 PM
EUR/USD hit 1.0393 on EBS in Europe's a.m., NY opened near 1.0440
US rates EDH3, US$ sink on PCE & ISM nL1N32R15S pricing data
EUR/USD cleared November's monthly high & 50% Fib of 1.1495-0.9528
Pair went on to hit a 6-moth high of 1.0534 on EBS, neared 1.0505 late
EUR/USD's pull back aided by equity gains eroding, US$ sales abating
Pair still up & traded +0.94% late in the session; techs lean bullish
Consolidation ends with new high set, daily & monthly RSIs are rising
With growing tail winds, EUR/USD confronts one more key risk nL1N32R1MD
US Nov. Jobs report & its impact on the Fed is a key risk Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary