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Oct 03 - 09:48 PM
EUR/USD - Brexit And US Tariffs Qualms Cap Into US Payrolls
First appeared on eFXplus on Oct 03 - 07:25 PM
  • +0.1% after closing up 0.5%, supported by the selloff in UST yields

  • Trump said US tariffs on EU whisky and wine a 'nice victory' nL5N26O2D3

  • EU and Ireland sceptical of a Brexit breakthrough on UK offer nL5N26O5C7

  • Tit for tat tariffs and a hard Brexit would be a recipe for a tough EZ 2020

  • Charts - bearish bias while trend line from June high holds - today 1.1030

  • 1.0863, 76.4% of the 2017/2018 rise is initial significant support

  • 1.0950 250M strikes and NY 1.0999 high & 21 DMA first support/resistance

eur oct 4 Click here

Source:
Refinitiv IFR Research/Market Commentary

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