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Nov 13 - 10:55 PM

EUR/USD - Soft Tone As US Yields Firm On Hawkish Waller Comments

By John Noonan  —  Nov 13 - 09:25 PM
  • EUR/USD -0.25% at 1.0320 - as US yields firm on comments from Fed's Waller nS0N2W5006

  • US 2-year yield at 4.41% after closing Thursday at 4.33% - Bond market was closed Friday

  • EUR/USD topped out Friday and today just ahead of Aug 10 high at 1.0369

  • Support is at former resistance around 1.0280 (38,2 0f 2022 high/low)

  • EUR/USD trending higher with the 5, 10 & 21-day MAs in bullish alignment

  • Key will be moves in US Treasury market when NY arrives from 3-day holiday

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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