November 19, 2024 09:23 GMT
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.
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