Action Set Up News Today

ECB bond schedule and sequencing guidance key to Euro reaction.

Euro Latest: EUR/USD, EUR/GBP Price Action Set-Up for ECB 2021-04-22 10:30:00 Justin McQueen, Analyst ECB Unlikely to Provide a Surprise EUR/USD Supported on Dips to 1.20 EUR/GBP Recovering From Last Week’s Reversal EUR/USD: Today’s ECB meeting is unlikely to stir much in the way of volatility as implied vols signal a breakeven (implied move) of 44pips. Since the last meeting, newsflow has been lacking somewhat with the Euro largely recovering amid a narrowing of bond spreads in favour of t...

Euro Latest: EUR/USD, EUR/GBP Price Action Set-Up for ECB 2021-03-11 12:30:00 Justin McQueen, Analyst EUR/USD Faces First Resistance Test After Bounce Back EUR/GBP in Oversold Territory EUR/USD | A benign inflation report and a somewhat mediocre US 10Y auction has been enough weigh on the greenback and by extension, lift EUR/USD back to the mid-1.19s. This provides the first test of resistance for the countertrend move in the p...