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Sep 13 - 12:55 PM

EUR/USD: Chart: Tends To Rises Into Apple Launch Events, Declines Afterwards - Nordea

By eFXdata  —  Sep 13 - 10:45 AM

Nordea Research notes an interesting observation about EUR/USD price action around Apple's launch events.

"EUR/USD tends to rise ahead of Apple launch events, but level off and decline afterwards. At least that’s what the past 10 years of data is telling us.

We have no idea why this should be the case, but with Tim Apple planning his next product launch September 14, we thought we’d let you know," Nordea notes. 

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Source:
Nordea Research/Market Commentary

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