Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Apr 18 - 03:55 PM

EUR/USD - Bulls Retreat With Philly Fed Pricing Report Help

By Christopher Romano  —  Apr 18 - 01:35 PM
  • NY opened near 1.0675 after 1.0690 traded on EBS in Europe's morning

  • US yieldsUS10YT=RR gained, spreadsUS2DE2=RR widened on Philly Fed report

  • Pricing component of Philly Fed fueled concern inflation is rising again

  • US$ rallied on the prospect that Fed rate cuts will be delayed

  • USD/CNH rallied above 7.2535 & equities ESv1 gave up earlier gains

  • EUR/USD turned lower, hit 1.06433 late, traded down -0.28% in NY's afternoon

  • Daily techs warn longs, RSI diverged on the high, inverted hammer formed

  • Fed's Goolsbee scheduled to speak Friday, may impact risk sentiment

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved