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Mar 17 - 05:00 AM

EUR/USD - For Now EUR/USD Has Found Perfect Balance

By Jeremy Boulton  —  Mar 17 - 03:50 AM
  • EUR/USD 1.1130-90 range today (EBS). Currently 1.1132

  • Middle of this year's 1.0788-1.1495 extremes is 1.1137

  • EUR/USD trading precisely where uncertainty is best reflected

  • Traders wiped most bets on a directional move by March 10

  • Majority of traders will not take any risk now, and for some time

  • Volatility eases slightly. A wait and see approach suggests little movement











EURUSD and vol: Click here

Source:
Refinitiv IFR Research/Market Commentary

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