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Jul 29 - 04:55 PM

EUR/USD - Range Top Vulnerable With Upbeat Risk Impact

By Christopher Romano  —  Jul 29 - 01:58 PM
  • Euro buoyed by above estimate German July CPI/HICP data nAPN000X00

  • US$ weighed down on claims nAQN04GULD, GDP nS0N2OE01T misses

  • Eurodollar prices rally while euribor prices drop slightly

  • EUR/USD opens NY near 1.1870 after gains in Europe am, rally extends

  • Hits 1.1891 on EBS, eyes top of 1.1750/1.1900 range, near high late in day

  • EUR/USD gains aided by equity ESv1, oil LCOc1 & EUR/JPY rallies

  • EUR/USD upside potential grows on inflation, jobs data nL1N2P51JL

  • July bull hammer, rising RSIs, hold above 10 & 21-DMAs are bull signals

  • For more click on FXBUZ

eurusd Click here

Refinitiv IFR Research/Market Commentary


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