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Euro Price Setups after PMI, FX Intervention? EUR/USD, EUR/GBP, EUR/JPY

Published: October 4, 2023

The euro continues to slide despite rising Bund yields as PMI data hints at a German recession. FX markets are on edge after suspected intervention to bolster the yen

Source: dailyfx.com

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United KingdomNew YorkUnited StatesCity OfRichard SnowFederal Reserve BankEuro Price SetupsShows Modest ImprovementDemand HampersEuro AreaTreasury Yields Outpace BundMean ReversionBullish PotentialIntervention Speculation Stokes YenJapanese Yen