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EUR/USD is consolidating just under 1.12, Friday’s high and the highest for EURUSD since July 2023, which was retested briefly in overnight trade, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
“Note that EZ/US 2Y spreads are also the narrowest since mid-2023, providing the essential support for the EUR. Germany’s IFO Business Confidence eased to 86.6 this month, down from July but slightly better than forecast. Details reflected weakness across most sectors of the economy outside of services. The index is weak and backsliding but remains well above recessionary levels.”
“Short-term trading patterns suggest the EUR may have peaked in overnight trade after forming a bearish “evening star” pattern on the 6-hour charts. Minor losses through quiet European trade tend to confirm that development. But losses are likely to remain limited in the short run at least.”
風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。
