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Apr 19 - 07:55 AM

EUR/USD - Proving Surprisingly Immune To Events

By Jeremy Boulton  —  Apr 19 - 06:10 AM
  • EUR/USD hardly changed by escalation of conflict in Middle-East

  • Pair trades tight 1.0611-1.0662 range after Israel strike on Iran

  • This year EUR/USD has done little regardless of any events

  • In 2024 pair contained within an extremely tight 1.0601-1.1047 range

  • Big rise in vols this week accompanied by modest 1.0690-1.0601 slide

  • SNB may have effectively cornered EUR/USD market nL5N3GE1Z6

  • An increasingly attractive dollar may rise further nL2N3GS0JP

Source:
Refinitiv IFR Research/Market Commentary

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