Elsewhere, the US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, remain firmer and challenge the EUR/USD bulls of late.
Even so, the optimism surrounding the Eurozone economy and upbeat EU data, backed by the comments from the International Monetary Fund (IMF) seem to propel the EUR/USD price ahead of the top-tier factors.
Against this backdrop, US Dollar Index (DXY) licks its wounds near 102.15 after snapping a four-day uptrend the previous day. However, S&P 500 Futures remain directionless around 4,138 after a mixed Wall Street close. Further, the US Treasury bond yields grind higher and prod the US Dollar sellers. That said, the US 10-year and two-year Treasury bond yields grind higher around 3.43% and 4.03 during a four-day and five-day uptrend respectively.
Looking forward, firmer prints of the US CPI and hawkish Fed Minutes are both necessary to portray the EUR/USD pullback. Until then, the pair buyers keep 1.1000-05 resistance on their wishlist.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.