By Jeremy Boulton — Jan 22 - 05:46 AM
(Adds chart )
• EUR/USD effectively traded a 1.05-1.10 range in 2023 and 2024
• This range blown away in 2025 with drop to 1.0177 EBS
• Rebound resulting oversold situation reaches 1.0457 - no longer oversold
• Lowest traded throughout 2023 and 2024 was 1.0448
• Bunch of bearish signals where short-term MAs drop under l-term MAs
• Protectionist policies to influence currencies
• Trade-weighted euro has reached a crucial point
EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters