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Post-ECB, TD Securities write: "Without a......>

EURO
EURO: Post-ECB, TD Securities write: "Without a big directional push from the
ECB, EURUSD failed to sustain a break lower out of its longstanding trading
range during the press conference.
"This suggests that spot may remain anchored around familiar levels for now as
flows and technicals dominate. A clear move to fresh lows could see notable
selling pressure emerge, however, as positioning risks loom, in line with our
broader view that the USD could trade on a better tactical footing - for now."
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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