By Ewen Chew — Apr 03 - 01:50 AM
• EUR/USD ratchets higher into Europe open, peak 1.0952, +0.9%
• Last 1.0949, approaching 78.6% Fibo of Sep-Feb drop at 1.0981
• Above that resistance, 1.1000 psych barrier attracts bulls
• Tanking UST yields, on fears for US economy, drive EUR/USD
• EU could soon announce retaliatory measures to US tariffs
• France says first response likely in mid-April
EUR:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
