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TDUX
Sep 15 - 08:55 AM

EUR/USD - Pressured Within Narrow Range Above 1.15  

By Robert Fullem  —  Sep 15 - 08:05 AM

• EUR/USD pressured by energy concerns, broader USD strength ahead of potential Fed hike

• Trsy yields hold firm ahead of 20-year auction as high oil underpins

• Germany's Merz: China squeezing European firms via industrial policy and FX practices

• EUR3.2B in Tuesday's 1.1550 expiries limit gains; huge 1.1500 strikes may limit downside this week

• Soft RSI and stochastics weigh after 100-DMA resistance at 1.1554 caps

• Strong futures volume suggests dip-buying near 1.1527 day's low and 55-DMA at 1.1522
EUR


(Robert Fullem is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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