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1 Aug 2014
EUR/USD 1.3370 key to the downside - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that the ref="">ref="">ref="http://www.fxstreet.com/technical-studies/currencies/eurusd/">euro has struggled to resurface above the $1.34 handle.
trong>trong>Ke y Quotes
"A break of yesterday's low just below $1.3370 would likely target $1.3300 and then $1.3230”.
“As the euro has entered territory not seen since Q4 13, implied volatility has risen. For example, 3-month implied vol has risen to about 5.5% from 4.75% in the middle of the month."
"A break of yesterday's low just below $1.3370 would likely target $1.3300 and then $1.3230”.
“As the euro has entered territory not seen since Q4 13, implied volatility has risen. For example, 3-month implied vol has risen to about 5.5% from 4.75% in the middle of the month."