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Thomson Reuters
Dec 06 - 08:36 PM
EUR/USD - UST Yields Likely To Lead - Caution Into Payrolls
First appeared on eFXplus on Dec 06 - 06:45 PM
  • Tight early range after closing +0.3%, supported by the slide in UST yields
  • Late WSJ - Fed weighs wait-and-see approach on future rate increases
  • Suggests that Fed will not extend quarterly rate rises - UST's to lead today
  • Coming to the end of two weeks of choppy 1.1250/1.1450 consolidation
  • US payrolls, expectations 200K+ could be the trigger, if they are way off
  • 1.1300 2.94Bln strikes & Ldn 1.1321 low support - 1.1400 1.2BLN resistance

eur dec 7 Click here

Source:
Thomson Reuters IFR Markets

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