By Christopher Romano — Feb 16 - 01:35 PM
Rallies in equities, oil, bitcoin BTC=BTSP sink US$ in Europe am
NY opens near 1.2165, bitcoin hits all-time high, breaks $50,600
BTC gains fade quickly, US 10-yr yield rallies near 1.29%, US$ bought
Upbeat US data nN9N2H701K, yield rally & BTC slide rally US$
EUR/USD sinks sharply, falls from 1.21695 (EBS) high to 1.2095
Pair nears 1.2115 late but remains down on the session
Daily inverted hammer, diverging daily RSI are tech warnings for longs
Despite today's pull back dip buying theme likely to persist nL1N2KM1CH
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Source:
Refinitiv IFR Research/Market Commentary