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EUR/USD trading flat, big event risk includes ECB/FED meets, US GDP/ISM

Germany hints at Plan B, Greece needs early May deal Event risk underpins EUR/USD volume 1month 12.2 but spot range bound US/Bund spreads narrow 3/4bps vs last week. Underpins short-covering Techs slightly more bullish a…

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EUR/USD trading flat, big event risk includes ECB/FED meets, US GDP/ISM
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  • Germany hints at Plan B, Greece needs early May deal

  • Event risk underpins EUR/USD volume 1month 12.2 but spot range bound

  • US/Bund spreads narrow 3/4bps vs last week. Underpins short-covering

  • Techs slightly more bullish after close above daily Ichimoku cloud base

  • EUR shorts are still massive      

 

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