By Krishna Kumar — Feb 02 - 04:59 PM
• EUR/USD down 1.3% in Asia after trading in a wide 1.0342-1.0125 range
• Slumped after opening at 1.0340 from New York's close of 1.0362
• Stops below 1.0250 targeted in illiquid Sydney markets, low of 1.0125 deals
• Retraces to 1.0230, awaits the opening of Wall Streets futures
• Asia's reaction to Trump's tariffs and likely start of trade wars eyed
• ECB's Knot on US tariffs: a trade war only has losers
EUR:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters