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TDUX
Sep 24 - 08:55 PM
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EUR/USD - Remains Soft As US Bond Bloodbath Dominates

By James Connell  —  Sep 24 - 06:43 PM

• EUR/USD -0.9% wtd as long-date UST yields surge to multi-decade highs

• Fed officials Paulson & Williams both flag tighter monetary policy Thur

• Broad USD index up 1.0% wtd, futures imply 70.9% chance of Oct 28 Fed hike

• Brent crude +3.6% to $106.77 a barrel as Houthis continue Saudi attacks

• Report indicates EU not doing enough on defence to counter Russian threat

• EUR still drifting towards 1.1353, break below 1.1325 would accelerate move

• Range Asia 1.1378-80, support 1.1353 1.1325, resistance 1.1710 1.1850
DXY Daily 55/100/200-DMA


U.S. 30Y Treasury Yields


EUR Daily 21/55/100-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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