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Apr 09 - 03:55 PM

EUR/USD - Bulls Shake Off Some Early Jitters

By Christopher Romano  —  Apr 09 - 02:07 PM
  • Rise in UST yields & US$ drive EUR/USD down in Europe am

  • NY opens near 1.1885, early rally sees 1.19005 (EBS) trade

  • US March PPI nL1N2M213Q sinks eurodollar, rallies UST yields & US$

  • EUR/USD hits 1.1867 (EBS), dip buyers emerge ahead of 1.1860 support

  • UST yield gains erode, US$ sinks while equity ESv1 markets rally

  • EUR/USD climbs back above the 200-DMA, nears 1.1910 late in the day

  • Daily bull hammer, rising monthly RSI give techs a bullish lean

  • US yields remain key for a EUR/USD near 1.2000 nL1N2M21BV

  • For more click on FXBUZ





eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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