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EUR/USD tumbles further to 1.1750, fresh 2018 lows

4 monthes ago   |   By FXCM

The pair tests new multi-month lows in the mid-1.1700s.
The US Dollar Index trades closer to the 94.00 milestone.
US 10-year yields stay in lows around 3.08%.
The downside momentum around the shared currency is gathering further traction today and is dragging EUR/USD to record fresh lows in the mid-1.1700s.
EUR/USD now looks to 1.1718
The pair has been trading in the negative territory for the last five sessions, coming under extra selling pressure following the rejection from Monday's peaks in the 1.2000 neighbourhood.
On the other side, the sentiment around the buck remains robust...
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US Dollar moves to session tops, 94.00 just around the corner

4 monthes ago   |   By FXCM

The index clinches fresh 2018 tops near 93.80.
US 10-year yields navigate session lows in sub-3.10% zone.
Cleveland Fed L.Mester said the economy is close to the Fed's targets.
Measured by the US Dollar Index , the buck keeps the rally well and sound on Friday, advancing to the 93.80 region and clinching at the same time fresh multi-month tops.
US Dollar now targets 94.00 and above
The index is prolonging the upside to levels last seen five months ago around 93.80 and now faces the next target in the 94.20/25 band, monthly peaks on December 11.
Absent releases in the US calendar today...
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