By Christopher Romano — Mar 23 - 02:10 PM
Yen buying overnight sank EUR/JPY in Europe's am, EUR/USD followed
EUR/JPY traded 133.15-132.37 on EBS, EUR/USD traded 1.007-1.0964 on EBS
Oil LCOc1 rally helped weigh on the euro as did US$ strength
Yen sales emerge as equities bounce, EUR/JPY pierced 133.25 late
EUR/USD rallied back near 1.1010, remain down -0.25% late in the day
EUR/USD downside possibly limited by tighter DE-US yield spreads
Techs lean bearish; RSIs falling, pair below rising wedge on daily chart
Feb. German, French Markit PMIs are data risks for Thursday
Fed speakers Kashkari, Waller, Evans, Bostic are headline risks Thursday
For more click on FXBUZ
eurusd Click here
Source:
Refinitiv IFR Research/Market Commentary