By Jeremy Boulton — May 24 - 06:40 AM
EUR/USD sinks to 1.0748 EBS following IFO data nL1N37L0L3
Lowest since 1.0745 on March 27 - March 24 low was 1.0714
1.0738 is 61.8% March-May gains and the trigger point for a deeper drop
The big EUR/USD gamble is at risk of a big adjustment nL1N37L0MQ
Australia's dollar could take a big hit nL1N37L0J1
Source:
Refinitiv IFR Research/Market Commentary