#EURUSD @ 1.00769 -imp levels: bulls step in and give some much-needed stability to an otherwise sinking ship.
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- EUR/USD bulls step in and give some much-needed stability to an otherwise sinking ship.
- The US dollar has been lit up by the Fed’s hawkish narrative at the end of the week.
EUR/USD is attempting to correct from the lows of the day so far and is back to a flat position in the third hour of Tokyo’s session. The single currency has travelled between a range of 1.0069 and 1.0092 so far for the final day of the week.
In Tokyo’s open the greenback was lit up by news that President Xi Jinping and Russian leader Vladimir Putin are planning to attend a Group of 20 summit in the resort island of Bali later this year, according to Indonesian President Joko Widodo. This was reported by Bloomberg:
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