Free Trial

EURUSD extends to session high

EUR
  • EUR looked to be underpinned in early trade, touching session high against the USD, CHF, CNH, TRY, CAD, AUD.
  • EURUSD has again found support at 1.0724, the December low, printed a 1.0723 low on Monday and Yesterday.
  • Small resistance moves down to 1.0796, while EURUSD was trading as high as 1.0881 pre NFP last week.
  • Despite testing small broader highs, the EUR is seeing some spillovers and testing session low against the Pound, with Cable eyeing next resistance at 1.2643 50-day EMA.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.