By Christopher Romano — Dec 07 - 01:40 PM
EUR/USD sinks to 1.20785 (EBS) in Europe am on Brexit concern, bounce ensues
NY opens near 1.2115, risk improves; stocks, oil bounce, yen & US$ get sold
EUR/USD hits 1.2166 EBS high but then sinks; stocks, EUR/JPY trade heavy
EUR/USD drops in NY afternoon, nears flat on the day, sits near 1.2120
Large daily doji candle forms, suggests investors are indecisive
Major risks loom but EUR/USD might still rally nL1N2IN1OU
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Source:
Refinitiv IFR Research/Market Commentary