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Feb 07 - 01:55 PM

EUR/USD - US Rates, Dollar Sink As Fed's Powell Speaks

By Christopher Romano  —  Feb 07 - 01:05 PM
  • Fed Chair Powell gives US$ bulls nothing to hold onto nW1N33R039

  • Rates EDZ3 fell which drove broad US$ selling during Powell comments

  • EUR/USD rallied into positive territory, struck 1.0767 on EBS

  • Equities ESv1 gained, USD/CNH neared 6.7770 as riskier assets sought

  • Daily RSI diverged on today's 1.06695 EBS low, bull hammer candle formed

  • For more click on FXBUZ









Source:
Refinitiv IFR Research/Market Commentary

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