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Daily Market Outlook
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| Daily
Market Outlook (28 Jan 2025) |
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| Update
Time: |
28 Jan 2025 15:44GMT |
| Next Update
At: |
00:30GMT |
EUR/USD - 1.0431
Despite euro's rise to a 5-week high of 1.0533 yesterday, loss of momentum and intra-day fall on tariffs concerns (see MMN) suggests rise from Jan's 25-month 1.0179 trough has made a temporary top and below last Thur's 1.0373 low would head to 1.0330/40 before prospect of bounce.
On the upside, a daily close above 1.0500/10 would risk stronger gain to 1.0533/39, break, 1.0565/70. |
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