MNI BRIEF: Brussels To Ease EU Fiscal Rules To Boost Defence

MNI China Daily Summary: Friday, February 14

MNI BRIEF: China Jan Yuan Loans, Financing Beat Expectations

MNI BRIEF: Brazil Outlook Demands 'Higher Doses Of Medicine'

CHINA JAN NEW LOANS CNY5.13 TRLN VS MEDIAN CNY4.53 TRL

MNI BRIEF: China Machinery Expects Stable Trade In 2025

BAKER HUGHES CANADA RIG COUNT 245; OIL RIGS 174; GAS RIGS 71

MNI: BAKER HUGHES US RIG COUNT 588; OIL RIGS 481; GAS RIGS 101

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EUR: Single Currency Further Buoyed by Russia/Ukraine Optimism

EUR
USCEEMEABulletMarketsForeign Exchange BulletsNorth America
  • More single currency strength in most recent trade as the positive tone of the Trump/Putin discussions fuels optimism for what Trump describes as a ‘successful conclusion’ to the Russia/Ukraine conflict.
  • This tips EURUSD back above 1.04 and narrows us in on the 50-day EMA, intersecting today a 1.0427. This marks a key resistance, and a clear break of it would be a bullish development.
  • For EURJPY (+1.78%), the intra-day range is nearing 300 pips, as we extend further above the pivotal 160.00 mark. Spot now trades within 30 pips of the key short-term resistance at 161.09, the 50-day EMA. 
99 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.
  • More single currency strength in most recent trade as the positive tone of the Trump/Putin discussions fuels optimism for what Trump describes as a ‘successful conclusion’ to the Russia/Ukraine conflict.
  • This tips EURUSD back above 1.04 and narrows us in on the 50-day EMA, intersecting today a 1.0427. This marks a key resistance, and a clear break of it would be a bullish development.
  • For EURJPY (+1.78%), the intra-day range is nearing 300 pips, as we extend further above the pivotal 160.00 mark. Spot now trades within 30 pips of the key short-term resistance at 161.09, the 50-day EMA.