eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Oct 08 - 08:55 AM
–

EUR/USD - Bond Yields Remain In Focus

By Christopher Romano  —  Oct 08 - 07:13 AM

• 1.1213 traded overnight, sellers emerged & EUR/USD then turned lower

• US & French yield gains weighed on EUR/USD

• The US yield gains helped drive USD buying which sank EUR/USD

• Rallies in oil , USD/CNH & drops in equities, silver added weight

• EUR/USD hit 1.1174 in early NY action, it traded down -0.18%

• Techs are bearish; RSIs falling, consolidation of drop from Sep. 25 high persists

• Widening Bolli bands, pair's hold below the 10-DMA reinforce bearish techs

• US jobless claims, US Treasury 30-year auction are risks in NY
eurusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved