By Christopher Romano — Sep 23 - 01:35 PM
EUR/USD hit 1.10845 on EBS in Europe's on downbeat September HCOB PMI
Wider DE-US spreads US2DE2=RR helped drive EUR/USD to session lows
Buyers emerged, NY opened near 1.1110, EUR/USD rallied to 1.1143
USD/CNH dip from its high, equityESv1 & goldXAU= gains helped the lift
US yields US2YT=RR softened after Fed rhetoric which helped the bounce
EUR/USD pulled back a bit, neared 1.1125 late, traded down -0.33&
Techs lean bullish; consolidation persists, monthly RSI is rising
September German Ifo survey, US consumer confidence are risks Tuesday
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Source:
Refinitiv IFR Research/Market Commentary