Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 19 - 02:36 PM

EUR/USD - Sharp Gains Driven By Risk-On, Recovery Efforts

By Christopher Romano  —  May 18 - 02:20 PM
  • Pair opens NY near 1.0800 but upbeat risk inspires bulls nL1N2D00LV

  • Equity, commodity & EUR/JPY rally from 115.80 EBS low help lift EUR/USD

  • Rally extends on FR, DE call for 500bln EUR EU recovery fund nP6N2CB03I

  • 1.0927 trades on EBS, very little pull back seen, nears 1.0915 late in day

  • Techs lean bullish; daily RSI rises, pair closes above 10- & 21-DMAs

  • This week gives EUR/USD longs a chance for upside momentum nL1N2D00VX














eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!