EURUSD Bounces Off Support on Firm Data and Softer Brexit Hopes

EUR Analysis and Talking Points

EUR分析和谈话要点

• EURUSD Bounces Off 1.12

  EURUSD反弹1.12

  {4} EURUSD反弹1.12 {4}

• Brexit Moving in a Softer Direction

  英国脱欧朝着更加柔软的方向前进

  {7} 英国脱欧朝着更加柔软的方向前进 {7}

For more in-depth analysis on EUR, read the brand new Q1 2019 FX forecast guides

要对欧元进行更深入的分析，请阅读全新的Q1 2019年外汇预测指南

EURUSD Bounces Off 1.12

The Euro and German yields had been underpinned this morning by a slew of better than expected services PMI figures from the Eurozone. Consequently, this has eased some concerns that the weakness in the manufacturing sector is spreading to the whole economy, given the pick up in the services data. However, while the manufacturing sector remains weak the upside in the Euro remains somewhat limited, as such, any sizeable move to the upside should be treated with caution. Risks to the Euro-Area continue to remain tilted to the downside, while CFTC data continues to show that investors remain bearish on the Euro with net shorts valued at over $11bln.

欧元和德国收益率已经下跌受到欧元区一系列好于预期的服务业采购经理人指数数据支撑，今早上涨。因此，考虑到服务数据的回升，这缓解了一些担忧，即制造业的疲软正在蔓延到整个经济。然而，虽然制造业仍然疲弱，但欧元的上行空间仍然有限，因此，任何相当大的上行应该谨慎对待。欧元区的风险继续向下倾斜，而CFTC的数据继续表明投资者对欧元持悲观态度，净空头价值超过11亿美元。

Source: DailyFX

资料来源：DailyFX

Brexit Moving in a Softer Direction

The increasing hope that Brexit is moving in a softer direction has been among the supportive factors behind the Euro this morning. Yesterday saw PM May reach out to the Labour leader Jeremy Corbyn in order to find a Brexit compromise, while also seeking an agreement with the EU on an extension to Article 50. While political uncertainty over Brexit remains high, there is a growing sense that the approach is moving to a softer direction.

英国脱欧走向疲软的方向越来越希望是支持因素之一今天早上欧元落后。昨天看到PM可能会联系工党领袖Jeremy Corbyn，以寻求脱欧妥协，同时也寻求与欧盟就第50条延期达成协议。虽然英国退欧的政治不确定性仍然很高，但人们越来越感觉到方法正朝着更柔和的方向发展。

EURUSD PRICE CHART: Daily Time Frame (Dec 2018 – Apr 2019)

欧元兑美元价格表：每日时间框架（2018年12月 - 2019年4月）

IG Client Sentiment

IG客户端情绪

Source: DailyFX

来源：DailyFX

Recommended Reading

推荐阅读

Eurozone Debt Crisis: How to Trade Future Disasters – Martin Essex, MSTA, Analyst and Editor

欧元区债务危机：如何应对未来灾难 - Martin Essex，MSTA，分析师和编辑

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--- Written by Justin McQueen, Market Analyst

---由市场分析师Justin McQueen撰写