By Christopher Romano — Jan 05 - 01:40 PM
Pair rallies in Europe's am but dips, NY opens near 1.2285
Risk sours in early NY; stocks drop while US$ & yen are bought
EUR/JPY sinks to 126.05 (EBS), EUR/USD trades to 1.2254 (EBS)
US$ sold broadly as risk improves; oil rallies on OPEC+ news nL1N2JG0GX
EUR/USD rallies to 1.2305 (EBS) before dipping back near 1.2295 late
Georgia run-off vote, large options XXX nL1N2JF0E7 help stem the rally
EUR/USD holds to familiar turf but more gains likely nL1N2JG16U
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Source:
Refinitiv IFR Research/Market Commentary