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Thomson Reuters
Jun 01 - 02:36 PM
EUR/USD - REFILE-BUZZ-EUR/USD Hit On Italy Headlines
First appeared on eFXplus on Jun 01 - 10:30 AM

Corrects Italy yield direction

  • EU lawmakers from Italy reportedly seek funds to quit the euro
  • Reuters report nL5N1T33LS notes lawmakers voted this week
  • EUR/USD dives as Italian equities and govt yields rally sharply
  • 1.1615 neared before pair quickly rebounds to near flat on the day
  • Techs favor bears now, RSIs biased down & pair below 10-DSMA
  • Next support not seen until the 1.1510/20 zone

chart: Click here

Source:
Thomson Reuters IFR Markets

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