EUR/USD up 4 pips to 1.1200 on the day
Aside from the weakness against commodity currencies, the US dollar is relatively flat on the day heading into Yellen. She due up at 20 minutes after the hour.
EUR/USD had a six day losing streak ended yesterday as it rallied in quiet holiday trading.
Bids:
- 1.1179 - US low
- 1.1169 - European/daily low
- 1.1157 - Yesterday's US low
- 1.1150 - medium demand
- 1.1142 - Last week's low
- 1.1100 - medium demand
- 1.1057 - March 15 low
Offers:
- 1.1225 - Intraday high
- 1.1250 - medium offers, some ahead
- 1.1260/65 - small offers
- 1.1275 - option related sellers
- 1.1300 - medium offers
- 1.1332 - March high
