Agree with this in addition to Federal Reserve hiking rates this month. The eu decline and lack of conviction around 1.20 going back late last year was entirely due to tensions with russia.

The movement in this pair has nothing to do with technicals. It could easily get to its 1.05 low and below even that just because of the geopolitics situation.

ugly day for this one

touched under 1.09 by end of week, eu truly in a bad situation. eur/jpy sold off even harder too

I don't usually check pre market or even sundays but had to after over the weekend heavy sanctions and a nuclear deterrent response from russia. This pair is lucky to be at 1.11

its a repricing of risk from the future impacts of the virus and oil collapsing. eurusd was literally at 1.08 2 weeks ago and now approaching 1.20

sheesh

below 104

Havent been on the board for awhile. I hope no one shorted below 1.10. This is a nasty usd selloff 1.08 to 1.13 in a week or 2 thats insane. worse than brexit

rip crude and cad

i wonder if high crude price will help cad nowadays

I would like to know as well. +150 pips in a few hours? i still avoid this pair because of the margin requirements

worst ISM number since 2009

Pound rallying on UK PM wanting a new brexit deal. Just like that its back at 1.21

Because its not dollar strength pulling down the eur/usd and gbp/usd its the base currency that is weakening

Any risks the market perceives could cause yen to rally further include whats coming from uk/eu with brexit

finally broke 1.20 too bad on gbp pairs the margin requirements are higher lol