By Christopher Romano — Feb 21 - 01:40 PM
NY opened near 1.0660 after 1.0643 hit on EBS overnight, choppy trade early
1.0698 hit on EBS after S&P Global PMI nZON007FR5 as rates EDZ3 softened
Gains eroded as risk sentiment soured & US$ gained; USD/CNH neared 6.8900
Equities ESv1 dropped & yields US2YT=RR lifted to reinforce risk-off
EUR/USD fell & neared 1.0640, pair traded down -0.40% late in the session
Techs are bearish; RSIs falling, monthly inverted hammer candle in place
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary