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Jan 06 - 10:55 PM

EUR/USD - Steady In Asia As Market Absorbs US Political News

By John Noonan  —  Jan 06 - 08:43 PM
  • EUR/USD steady around 1.2330 and unchanged from the NY close

  • Market largely ignoring shocking events in Washington D.C. nL1N2JH25T

  • Analysts say the markets may start to react if situation worsens nL1N2JH30KnL1N2JH32O

  • Market focussed on Democrat win in Georgia and likely fiscal stimulus nL4N2JI07W

  • Stimulus hopes boosting risk assets and weighing on USD

  • EUR/USD resistance at April 2018 weekly high at 1.2414

  • Support at 10-day MA at 1.2260 and break would ease upward pressure

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

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