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Apr 21 - 03:55 PM

EUR/USD - Central Bank Move Gives Bulls A Boost

By Christopher Romano  —  Apr 21 - 02:07 PM
  • EUR/USD sink overnight on soured risk, US$ buys, equity & bond yield drops

  • NY opens near 1.2010, pair dips to 1.1999 (EBS) but buyers emerge

  • Risk improves, Bank of Canada move nIfp25XCtm drive gains for growth ccys

  • US$ & yen buying abates, EUR/JPY rallies above 130.00, EUR/USD lifts sharply

  • Pair nears 1.2040, the slips towards 1.2025 late in the session

  • Monthly techs are bullish, daily techs send mixed signals ahead of the ECB

  • For more click on FXBUZ


eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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