The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
EUR/USD on the back foot
EUR/USD has dropped back rapidly over the week, and last week’s low at $1.1432 is now likely to be tested.
A close below this opens the way to $1.13, the August low. A close above $1.16 is needed to suggest that a more bullish view prevails.
.jpg)
