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Jan 05 - 03:55 PM

EUR/USD - Bulls Have The Advantage Ahead Of Key U.S. Run-Off

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

  • For more click on FXBUZ







eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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