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Waller Comments Help Tip EUR/USD to New Highs

EUR
  • EUR/USD sees more support on Waller comments, hitting new daily highs (markets picking out Waller's confidence that policy is in the right place) as volumes pick up across currency futures.
  • After a quieter-than-average morning, greater participation across the cash equity open and another bump higher alongside Waller comments has put daily volumes inline with average for this time of day.
  • EUR/USD now on course for higher highs and higher lows for a fourth consecutive session, with resistance seen scant into 1.1065 and the 1.1081 Fib retracement.

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