By Christopher Romano — Dec 20 - 09:45 AM
EUR/USD rallied to 1.06525 on EBS overnight then fell to 1.0579
BOJ policy move nL1N33A0UF drove EUR/JPY down to 140.17 on EBS
EUR/USD bears were unable to take more advantage of yen strength
US data nL1N33A11HnAQN2CPWC4 helped extend US$ selling
EUR/USD bounced back above the 10-DMA, trades up +0.10% in early NY
Equity ESv1 drop & USD/CNH bounce off low help limit EUR/USD bounce
Techs are mixed; RSIs rising but pair consolidating drop from Dec. 15 high
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Source:
Refinitiv IFR Research/Market Commentary