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Sep 18 - 03:55 AM

EUR/USD - Traders Must Have A Sense Of Deja Vu

By Jeremy Boulton  —  Sep 18 - 02:35 AM
  • EUR/USD opens close to 1.1855, the centre of current 1.1695-1.2014 range

  • Excitement after Fed lasts just 24 hours

  • 28 of past 35 days pair has opened close to 1.1855

  • Fading moves towards the 1.17 or 1.20 is clearly advisable

  • When EUR/USD isn't moving it also pays to sell strength, buy into yield

  • Hedging for EUR 2bln expiries 1.1800-50 today will help anchor EUR/USD


EUR/YSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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