By Christopher Romano — Dec 21 - 01:30 PM
NY opened near the 10-DMa after a choppy overnight session, rally ensued
Equity ESv1, commodity LCOc1 gains & US rate EDZ3 drop buoyed risk
Early US$ selling helped EUR/USD rally to a 1.0646 session high on EBS
US rates, US$ firmed; USD/CNH rallied above 6.9955, commodity gains eroded
EUR/JPY fell from its 140.76 EBS high and sat near 140.25 late in the day
EUR/USD turned negative; pair hit 1.0590 on EBS and sat nearby late
Techs are mixed; daily RSI rising but monthly is falling, 10-DMA pierced
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Source:
Refinitiv IFR Research/Market Commentary