REFILE-BUZZ-EUR/USD-Traders remain reluctant to chase higher

Reuters
26 Feb
REFILE-BUZZ-EUR/USD-Traders remain reluctant to chase higher

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  • Modest dollar reprieve takes EUR/USD back below 1.05

  • Traders remain reluctant to chasing the pair higher as 100DMA (1.0528) caps

  • As previously noted, short-term flows favour the dollar nL2N3PG0S6

  • While recent moves in tariff sensitive FX $(CAD.UK)$ suggest concerns remain

  • Eyes on Nvidia earnings post-market given doubts over U.S. exceptionalism

  • Soft earnings would likely take dollar lower

For more click on FXBUZ

EURUSD daily chart https://tmsnrt.rs/4beuh7v

(Justin McQueen is a Reuters market analyst. The views expressed are his own.)

((justin.mcqueen@thomsonreuters.com))

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