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Dec 23 - 03:55 PM

EUR/USD - Pares Loss As Investor Sentiment Improves

By Robert Fullem  —  Dec 23 - 02:00 PM
  • EUR/USD pares earlier loss amid improving US investor sentiment

  • Struggles to turn positive on session due to rising Trsy yields

  • New York day's range remains 1.0385 to 1.0448

  • Bund yields finish mixed after ECB Lagarde says near inflation goal

  • Congestion above its 1.0370 lower Bollinger, EUR/CHF rise offers support

  • Large option expiries seen near 1.0344 YTD low

  • Year-end short covering, Dec. 19 inverted hammer hints at bounce

  • Needs to climb above 1.0536 Dec 17 high to neutralize bearish bias

For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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