EUR/USD: Dip buyers must be patient for Powell to have another go at 200DMA – SocGen

EUR/USD: Dip buyers must be patient for Powell to have another go at 200DMA – SocGen EURUSD Fed Inflation Banks

Tactics in FX have shifted to selling US Dollar rallies since the middle of October

“Tactics in FX have shifted to selling Dollar rallies since the middle of October and we suspect pockets of buying on a hawkish reprise of the FOMC press conference four weeks ago could be short-lived and insufficient to steer the Dollar back towards the highs.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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