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Thomson Reuters
Feb 08 - 03:48 PM
EUR/USD - Scraping Data, Rates And Trade-Depressed Range Base
First appeared on eFXplus on Feb 08 - 01:25 PM
  • EUR/USD's post-NFP beat slide stalling into c1.13 M-T range base
  • Poor EZ econ data hit Bund yields, widen core-peripheral spreads
  • Focus back on US-China trade, global slowdown nL1N2030S2 threats
  • FTQ also depressing Treasury yields, cushioning Bund-Tsy spreads
  • 1.13 is on-close pivot pt. DAX & S&Ps bearish sub-200-W & 200-D MAs

Chart: Click here

Thomson Reuters IFR Markets


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