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Thomson Reuters
Mar 11 - 03:48 PM
EUR/USD - Rally Losses Traction
First appeared on eFXplus on Mar 11 - 01:35 PM
  • Pair buoyed in early NY despite upside US retail sales beat nLLABEEFJS
  • After data US$ dips while DE-US spreads remain wider on the day nL1N20Y0AI
  • EUR/USD nears 1.1260 but stalls, broad based US$ bid emerges
  • UST yield gains & rising 2s-10s curve help buoy US$, EUR/USD nears 1.1225
  • Pair up small but a daily doji candle forms, suggests some indecision
  • Brexit votes and U.S. Feb CPI loom, both have traders on hold nL1N20Y0IB

chart: Click here

Thomson Reuters IFR Markets


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