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EURUSD runs higher after weaker data. Runs up to 200 hour moving average at 1.08472

The EURUSD is run to the upside as yields tumble after weaker consumer confidence data and jolts job openings. Consumer confidence fell to 106.1 which was much lower than the 116.0 estimate. Jolts job openings also fell sharply to 8.827M vs 9.465M expectations.US yields have moved to the downside with the 2-year period now down -10 basis points at 4.908%. The 10-year yield is down -6.7 basis points at 4.143%.The EURUSD spiked back above its 200-day moving average at 1.08069 and 100-hour moving a... Read More

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Content Topics

Eurusd

Runs

Higher

After

Weaker

Data

Hour

Moving

Average

1 08472

Forex

Posted: Aug 29 2023, 14:31

Author Name: forexlive

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