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Broader Dollar sellingis going through, EUR tests 1.0900

USD
USMarketsStoryForeign Exchange BulletsNorth America
  • Broader Dollar selling is going through, testing session lows against the EUR, GBP, SGD, PLN, CZK, INR, KRW, NOK, ILS, CNH, SEK.
  • The EUR was already supported following the earlier German headline from the Green party regarding a fiscal deal possibly being struck as soon as this Week.
  • EURUSD is now through Friday's high, to exchange hands at its best level since Early November.
  • Market Participants will be eyeing a break through 1.0900, so far printed a 1.0901 high, but resistance comes at 1.0937 High Nov 5 / 6 2024.
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  • Broader Dollar selling is going through, testing session lows against the EUR, GBP, SGD, PLN, CZK, INR, KRW, NOK, ILS, CNH, SEK.
  • The EUR was already supported following the earlier German headline from the Green party regarding a fiscal deal possibly being struck as soon as this Week.
  • EURUSD is now through Friday's high, to exchange hands at its best level since Early November.
  • Market Participants will be eyeing a break through 1.0900, so far printed a 1.0901 high, but resistance comes at 1.0937 High Nov 5 / 6 2024.