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Mar 20 - 12:12 PM

EUR/USD - Dollar Softens On Latest Fed, Other Central Bank Moves

By Christopher Romano  —  Mar 20 - 10:30 AM
  • Fed, ECB, BoJ, BoC & SNB expand dollar swap access nF9N29R01F

  • Fed, other c. banks increase frequency of swap line operations nL1N2BC0OC

  • US$ dollar sellers emerge as some funding pressure ease

  • EUR/USD rallies from 1.0690 area and touches 1.0750, adds to day's gains

  • Rally seems to lack intensity, could be a warning for longsnL1N2BD0HG

Source:
Refinitiv IFR Research/Market Commentary

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