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Thomson Reuters
Apr 01 - 12:12 PM
EUR/USD - REFILE-BUZZ-EUR/USD-Bulls Stunned On US ISM Print
First appeared on eFXplus on Apr 01 - 10:15 AM

Adds link to data as well as author's email.

  • Mar ISM mfg 55.3 vs f/c 54.5,prices & jobs components above f/c [nN9N1ZZ01C]
  • UST yields spike up, DE-US spreads erase earlier tightening from US sales
  • US$ bid across the board, eurodollar & ff futures prices fall, rates rise
  • EUR/USD gives up most of day's gains, near flat from week's open level
  • Long upper wick on today's & Friday's candles, suggests bears in control
  • Downside risks remain but options suggest limited downside move nL1N21J04H

chart: Click here

Source:
Thomson Reuters IFR Markets

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