EUR/USD has come under some pressure post US housing data. Slightly improved data and the USD firms, who would have thunk it. Treasuries off, must be a yield thing. Sources report a US investment house selliing EUR/USD aggressively post release. We’re presently down at 1.4075. Another thing at play here is the growing realisation that all this talk of dollar sales at todays fixings isn’t materialising. EDIT: Infact talk of EUR/USD sales lined up at the fix later today. Goes along with the talk of cable sales lined up for fix. What a load of old toffee. Unbelieveable!!!
US investment house seen selling EUR/USD
Source: www.forexlive.com
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