"As for the euro, it's quite an outsized move but it speaks to the level of disdain against the dollar at the moment I guess. At some point in the next few sessions though, you would think that traders will come around on this with regards to the euro. I mean the ECB won't like a higher currency amid a hit to the global economy and a trade war with tariffs flying about. So, that's something to consider."
The first wave of the market reaction saw the dollar slammed hard. But now perhaps we're starting to see markets readjust and liquidity start to slowly trickle back in.
EUR/USD may be a little lower on the day but the near-term chart above still shows buyers well in control. A drop below 1.1000 will give sellers some incentive though before wrapping up the week at least from a technical perspective.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about eur usd eases back a little to start the session was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( EUR/USD eases back a little to start the session )
Also on site :
- I Happily Paid All of My Girlfriend’s Housing and Travel Costs for Two Years. Then I Learned Something Outrageous.
- Iconic Singer-Songwriter, Who Played Alongside Paul Simon and David Bowie, Disappeared From the Public Eye for Almost 20 Years
- Cruz Azul vs Inter Miami: Kickoff Time, Channels and Live Streaming Details