Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 26 - 07:24 AM

EUR/USD - Risk Of 1.1100 - As Soon As Today!

By Richard Pace  —  Mar 26 - 05:30 AM
  • 1.1100 seems very unlikely, especially by 10-am New York Thursday

  • However, somebody concerned - buying intraday expiry 1.11 EUR call options

  • Gives holder the right to buy EUR/USD at 1.1100 - paid just 2 pips premium

  • Contract bid on at that level as EUR/USD edges higher

  • Month end flows were expected to help USD, limit EUR/USD upside

  • Suggested stops above 1.1000, liquidity still poor, 1.10 break can extend

  • Related nL1N2BJ097

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
!