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10 Feb 2022

EUR/USD: Bounce could persist while above 1.1300/1.1260 – SocGen

EUR/USD fluctuates in a very tight range above 1.1400 for the second straight day. Economists at Société Générale expect the world’s most popular currency pair to head higher towards 1.1525/1.1590 while the 1.1300/1.1260 area holds.

Next potential hurdle is at 1.1525/1.1590

“Daily Ichimoku cloud at 1.1300/1.1260 is near-term support. Defending this, the bounce could persist.”

“Next potential hurdle is at 1.1525/1.1590, the low of October.”

See: EUR/USD to break below 1.14 on accelerated US inflation – ING

Feb 10, 2022

Recent snapback in markets is premature given potential earnings headwinds – Morgan Stanley

US stocks staged a rapid rebound last week, closing out a dismal January on a high note and building on earnings strength for several positive session
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Feb 10, 2022

Sweden Riksbank Interest Rate Decision meets expectations (0%)

Sweden Riksbank Interest Rate Decision meets expectations (0%)
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