Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 04 - 04:55 PM

EUR/USD - US JOLTS Throws Longs A Life Line

By Christopher Romano  —  Jun 04 - 01:35 PM
  • EUR/USD traded 1.0916-1.08585 on EBS overnight, NY opened near that low

  • EUR/JPY drop to 168.07, equity ESv1 & oil LCOc1 drops weighed on EUR/USD

  • Downside miss to April JOLTS sank US yields US10YT=RR, US2YT=RR, US$

  • EUR/USD lifted on improved risk, pair sat near 1.0885 late in the day

  • Pair traded down -0.21% and daily techs sent some warnings to longs

  • Daily RSI diverged on the 2-1/12-month high, daily doji candle formed

  • EZ May HCOB services, composite PMIs (final) are risks in Europe Wednesday

  • US May ADP, May ISM non-manufacturing PMI are risks in NY Wednesday

  • 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
© 2024 eFXdata · All Rights Reserved
!