By Christopher Romano — Apr 18 - 01:35 PM
NY opened near 1.0675 after 1.0690 traded on EBS in Europe's morning
US yieldsUS10YT=RR gained, spreadsUS2DE2=RR widened on Philly Fed report
Pricing component of Philly Fed fueled concern inflation is rising again
US$ rallied on the prospect that Fed rate cuts will be delayed
USD/CNH rallied above 7.2535 & equities ESv1 gave up earlier gains
EUR/USD turned lower, hit 1.06433 late, traded down -0.28% in NY's afternoon
Daily techs warn longs, RSI diverged on the high, inverted hammer formed
Fed's Goolsbee scheduled to speak Friday, may impact risk sentiment
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary