Flash: EUR/USD a sell at current levels? – TD Securities

FXstreet.com (New York) – The TD Securities Team analyzes both the short-term and weekly outlook of the EUR/USD.

Key quotes

“A better than expected German IFO survey initially put a small bid into the EUR earlier in the European session, but the FX focus on geopolitical risks around Syria threatened to unwind these gains.”

“For now, the broader trend remains neutral however, with the rough 1.33/34 range still intact. US data and Syrian headlines are the obvious catalysts to keep an eye on this week, but we also point out that short-term German-US spreads have widened overnight—a move that undercuts some support for …read more