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Nov 29 - 04:55 PM

EUR/USD - Shorts Lean On Improved Risk Sentiment

By Christopher Romano  —  Nov 29 - 01:37 PM
  • EUR/USD hits 1.12605 on EBS in Europe am then bounces, NY opens near 1.1295

  • Pair slides despite rising euro zone inflation nL8N2SK3X7nS8N2RG0FG

  • ECB comments trump impact from inflation data nS8N2S90MInS0N2R200O

  • Upbeat risk rallies equities ESv1, oil LCOc1 and EM currencies

  • EUR/USD slides to 1.12585 on EBS in NY, nears 1.1275 late on US$ sales

  • Techs are bearish; RSIs falling, daily RSI doesn't confirm Monday's high

  • EUR/USD downside risks remain as investors ponder Omicron risk nL1N2SK1FI

  • For more click on FXBUZ



eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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