Y FED, ECB and BoJ are throwing helicopter money to make fake rallies on the stock markets to catch more fish. And when bear sits on top will crush the fools money!
Euro retreats as equity markets rally
Its been a quick turnaround in the last hour as European equities turn higher EURUSD has been down to 1.1372 from 1.1428 highs earlier with EURGBP falling through 0.8050 support. That has coincided with GBPUSD popping up through 1.4150-55 supply and report of stops being triggered on both to post 1.4196 and 0.8020. Update 08.16 GMT Blink and you miss it. GBPUSD now taken out 1.4200 offers to post 1.4228 with EURGBP falling to 0.8005 USDJPY up to 108.20 as GBPJPY continues to exert its influence