Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 15 - 04:55 PM

EUR/USD - Longs Gain Ground But Downside Risks Remain For Now

By Christopher Romano  —  Sep 15 - 02:00 PM
  • EUR/USD fell to 0.9956 overnight then bounced, NY opened near 0.9995

  • Pair lifted & traded above 1.0000, hit 1.0018, neared parity late

  • EUR/JPY lift to 143.625 on EBS, equity bounce helped EUR/USD lift

  • Commodity drops, buoyant USD/CNH helped to limit EUR/USD upside

  • Expectations for a higher Fed terminal rate EDH3 also limit gains

  • Tight range resulted in daily doji & extension of consolidation phase

  • Blithe EUR/USD sellers beware the US yield curve nL1N30M1FA

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!