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Mar 20 - 02:36 PM

EUR/USD - Dollar Bulls Remain At The Helm

By Christopher Romano  —  Mar 20 - 01:25 PM
  • EUR/USD drops in Europe's morning but US$ softens in early NY nL1N2BD0HG

  • Pair nears 1.1165 but slips; lifts again on Fed, c. bank movesnL1N2BD0TY

  • Despite eased US$ funding pressures EURCBS3M=ICAP US$ bid intensifies

  • EUR/USD slides toward 1.0650 as dollar bulls hold control nL1N2BD0V9

  • Technicals remain bearish, RSIs fall & monthly bear engulfing candle forms







chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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