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BUZZ-Shallow dips for euro as UST yields drift lower

ReutersFeb 26, 2025 6:45 PM
  • Subdued price action keeps euro tied to 1.05 handle

  • Narrow ranges (1.0475-1.0529) hold in current narrative vacuum

  • Traders show restraint in chasing euro upside, 100DMA holds (1.0528)

  • Though softer UST yields keep pullbacks shallow for now

  • Nvidia earnings eyed as U.S. exceptionalism comes under scrutiny

  • Resistance stands at 1.0530, break could see 1.06 in short order

  • Support = 1.0450-60

For more click on FXBUZ

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