- EUR/USD: Key levels to watch to the downside is 1.0485/1.0448 and 1.0660 on the upside – SocGen
Notícias do Mercado
30 outubro 2023
EUR/USD: Key levels to watch to the downside is 1.0485/1.0448 and 1.0660 on the upside – SocGen
EUR/USD is in wait-and-see mode. Economists at Société Générale anlayze the pair’s outlook.
The retracement below 1.06 is difficult to square
For EUR/USD, the retracement below 1.06 is difficult to square with the narrowing of 10-year real bond spreads below 190 bps, so we will have to waitand see if an adjustment higher in the single currency takes place, or whether spreads move back in favour of the dollar after the Fed and US payrolls.
Technically, key levels to watch to the downside is 1.0485/1.0448 and 1.0660 on the upside.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal