Free Trial

FOREX: EUR Sold Further as RBC Reports Ukraine's First ATACMS Strike

FOREX

Another dose of EUR sales comes alongside that Ukraine headline - the ATACMS missile strike inside Russia is exactly what had triggered the tweak to Putin's nuclear doctrine this morning, so already being tested and presenting a further escalation in tensions here.

  • EUR/USD hits new lows and well through the 1.0550 level. Spot now through Monday's lows, with Friday's 1.0516 the next moderate support.
  • EUR/CHF under pressure in tandem, through the October lows and now piercing the mid-September support of 0.9307 - thereby exposing 0.9211.
83 words

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.

Another dose of EUR sales comes alongside that Ukraine headline - the ATACMS missile strike inside Russia is exactly what had triggered the tweak to Putin's nuclear doctrine this morning, so already being tested and presenting a further escalation in tensions here.

  • EUR/USD hits new lows and well through the 1.0550 level. Spot now through Monday's lows, with Friday's 1.0516 the next moderate support.
  • EUR/CHF under pressure in tandem, through the October lows and now piercing the mid-September support of 0.9307 - thereby exposing 0.9211.