Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 14 - 06:55 AM

EUR/USD - Struggling For Direction Ahead Of U.S. Data

By Peter Stoneham  —  May 14 - 04:35 AM
  • Tight ranges the broader market theme ahead of U.S. PPI data

  • Main events: Wed's U.S. inflation numbers and Powell speaking in Amsterdam

  • EUR/USD 1.0782-93 so far with the Monday rally blunted by tight action

  • A clear break of the 200-day moving average needed to bolster EUR's chances

  • The average currently at 1.0791: recent highs 1.0807 and 1.0812

  • ZEW numbers for May due at 0900GMT: a jump in German sentiment expected

  • Reuters poll consensus for economic sentiment 46.00 vs 42.9 previously

  • 1.0750 1.52 BLN and 1.0800 1.55 BLN close major option strikes for May 14th

    For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!