By Christopher Romano — Mar 10 - 02:02 PM
• NY opened near 1.0865 after 1.08743 traded on EBS in Europe
• 1.0810 hit on uncertainty drive by German Greens party statement
• EUR/USD bounced on US yield , US$ weakness, 1.0855 neared
• Pair slid slightly on stock , gold , EUR/JPY drops
• USD/CNH steady climb in NY also weighed; 1.0830 neared, pair neared flat
• Tighter DE-US 2-yr spread helped keep EUR/USD near flat
• Techs lean bullish; consolidation phase in place, monthly RSI rising
• Hold above 200-DMA, 61.8% Fibo 1.1214-1.0125 reinforce bullish signals
• US January JOLTS jobs openings is a data risk for Tuesday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters