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Jul 25 - 11:55 AM

EUR/USD - Quick Drop On Another Nord Stream Halt

By Christopher Romano  —  Jul 25 - 10:55 AM
  • Russian energy co. Gazprom to halt turbine at Nord Stream 1 nS8N2YB0B8

  • Germany's DAX index .GDAXI, yields DE2YT=RR fall after the headlines

  • Euro sold broadly; EUR/JPY fell to 139.44 on EBS before bouncing slightly

  • EUR/USD fell, briefly turned negative and struck 1.0204 on EBS

  • EUR/USD down small on the session; daily doji forms, daily RSI drops

  • Pair still consolidating gains off July 14 low; is a bullish sign

  • For more click on FXBUZ



Source:
Refinitiv IFR Research/Market Commentary

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