Free Trial

EURUSD now down 0.34%

EUR
  • USD reversal, brings further downside momentum in EURUSD.
  • The Dollar was in the red against all G10s, but has pared some of its weakness to trade in the green versus EUR (up 0.32%), CHF, SEK and JPY.
  • Key support in EURUSD comes at 1.2023 Low Feb 17.
  • USD bid, lower yields and the technical breakout earlier of 1.2063, seems to be the drivers.
  • No new headlines or news.

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.