Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 15 - 03:55 PM

EUR/USD - Early Rally Faded Then A Fresh Low Struck

By Christopher Romano  —  Oct 15 - 01:35 PM
  • NY opened near 1.0900 after 1.0885 traded in Europe's morning

  • Rally extended in early NY as US yields US2YT=RR, US$ were soft

  • EUR/USD turned positive, 1.09168 hit on EBS, sellers then emerged

  • US yields lifted again & US$ firmed up; USD/CNH rallied to 7.1430

  • Stocks ESv1 sank & gold dipped from its high to help buoy US$

  • EUR/USD turned negative again, hit 1.0884, was down -0.22% late

  • Techs are bearish; 5-DMA helps to cap rallied, RSIs are falling

  • Daily inverted hammer candle formed, reinforced bearish signals

  • 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
!