Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 10 - 10:55 PM

EUR/USD - Edges Above Wednesday High After Bids At 1.1915 Hold

By John Noonan  —  Mar 10 - 09:55 PM
  • EUR/USD opened 0.24% higher at 1.1924 after lift following benign US CPI nL1N2L81VX

  • It drifted lower in early trading, as Asian equities started off sluggishly

  • EUR/USD traded down to 1.1915 before buyers emerged to underpin price action

  • Asian equities and E-minis moved higher when China CSI 300 rose over 2% nP8N2L000M

  • USD moved lower and EUR/USD traded above Wednesday's 1.1930 high to 1.1935

  • Heading into the afternoon it is settled around 1.1930

  • Support is at the 200-day MA at 1.1831 and break would be bearish

  • Market now looks ahead to ECB meeting later today nL4N2L90OD

  • For more click on FXBUZ



Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!