Friday, October 16, 2026

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EUR/USD eyes stops below NY lows; yields, stock bounce weigh

Source: Thomson Reuters EUR/USD under pressure after three straight hourly lows at 1.0844 DEM-USD yield spreads fall, EZ stocks negatively correlated to EUR/USD recently; stocks bounce weighs Overnight rally a near 38.2%…

By Jay L. Zagorsky
1 min read
EUR/USD eyes stops below NY lows; yields, stock bounce weigh
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Source: Thomson Reuters


  • EUR/USD under pressure after three straight hourly lows at 1.0844 

  • DEM-USD yield spreads fall, EZ stocks negatively correlated to EUR/USD recently; stocks bounce weighs

  • Overnight rally a near 38.2% correction of 1.1036-1.0803 slide

  • 1.0800 is the major intraday pivot point, stops seen below 1.0840

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