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Thomson Reuters
Oct 10 - 08:36 AM
EUR/USD - Heavy Despite Ebb And Flow Of Italy News
First appeared on eFXplus on Oct 10 - 06:35 AM
  • Italian yields dip but EUR/USD remains heavy above 1.1500 nL8N1WQ2O5
  • Italy's govt digs in over budget plan as pressure rises nL8N1WQ1DK
  • Pressure from widening UST/Bund spreads continues to weigh EUR/USD
  • Lack of downside bets strictly limits the scope of recoveries IMM/FX
  • U.S. PPI @ 12.30GMT eyed higher. Core CPI tomorrow also eyed up
  • Tech bearish while below 200-HMA 1.1529. 1.1422 76.4% Aug-Sep rise key below

Long dated US/German yield diffs Click here

Source:
Thomson Reuters IFR Markets

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