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Sep 10 - 08:55 AM

EUR/USD - Back In The Middle Ahead ECB Meeting

By Jeremy Boulton  —  Sep 10 - 06:35 AM
  • EUR/USD returns to centre of its current consolidation phase

  • Range since end-July 1.1695-1.2014. Mid-point 1.1844. Now 1.1833

  • Natural pair gravitates towards neutral ground ahead a big event like ECB

  • Good chance ECB moves EUR/USD and good chance pair returns to current level

  • Nearly four billion option expiries between 1.1800-1.1900

  • Massive amount of expiries will help to contain EUR/USD

  • If ECB sparks a EUR/USD move, bet against it nL1N2G708V

EUR/USD Click here

Refinitiv IFR Research/Market Commentary


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