Friday, October 16, 2026

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EUR/USD, EUR/JPY firmer after Asia plunge

EUR/USD, EUR/JPY firmer after falling to 1.0757, 129.60 in late Asian session. Except for EUR/CHF, most EUR pairs moved lower, some re-set shorts. EUR/USD in state of instability and large swings still seen, bias vague. …

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/USD, EUR/JPY firmer after falling to 1.0757, 129.60 in late Asian session.

  • Except for EUR/CHF, most EUR pairs moved lower, some re-set shorts.

  • EUR/USD in state of instability and large swings still seen, bias vague.

  • EUR/JPY bias tentatively bearish, below 129.97 hourly Ichi kijun, 130.18 tenkan.  

 

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By FxWirePro Team