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Jun 24 - 07:55 AM

EUR/USD - REFILE-BUZZ-EUR/USD Air Above 1.1300 Proving Too Thin For EUR

By Peter Stoneham  —  Jun 24 - 06:00 AM

Change to headline

  • Extreme price chop through early Europe: EUR down on the day

  • Unable to hold ground above 1.1300 but finds good bids at 1.1269-71

  • German IFO numbers show record rise in June nL8N2E11QD

  • German infection rates still a concern and likely weigh on EUR sentiment

  • Over a USD bln of option expiries could influence: 1.1245 and 1.1290 strikes

  • A better look to the broader dollar in the mix: risk of EUR adjustment

EUR/USD daily candle chart: Click here

Refinitiv IFR Research/Market Commentary


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