Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Aug 13 - 12:12 PM
EUR/USD - Trade News Drive Risk Rally, Sinks Euro
First appeared on eFXplus on Aug 13 - 10:00 AM
  • US Trade rep says some China products are being removed from tariff list
  • USTR says tariffs on some products to be delayed until Dec 15
  • XINHUA: China, U.S. to speak again in coming two weeks
  • Headlines dive a big risk-on rally; yen sold, cnh & equities rally
  • EUR/USD turns down on the day, falls sharply below 1.1180 & 21-DMA
  • Daily RSI turns down; 10-DMA, Aug 12 low & bull pennant base threatened
  • Break below the 1.1160 area likely leads recent longs to exit

chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!