Low CPI this week and now even lower PPI, should be sending euro higher, but of course it's already gone up so much. Maybe the trump tariff on alcohol is playing a part, it's a bit unclear

Who's open shorting here? I am!!! 1.09 - 1.092 accumulating as many shorts as I can, hope it will go down towards Friday. The goal is just to close this week, 1.08, 1.07 even 1.06 possible if recession fears get bad enough and the Ukraine meeting in ...

Putin just announced he will agree to a truce with Ukraine (with conditions??). Trump is about to make a statement at the top of the hour (in a few minutes) - I thought it was about tariffs, but who knows could be related. Tread carefully.

Any bets on whether the gap will be closed this month?

Damn, there's no breaks on this trend. Much money shall be lost today.

This Ukraine thing is obviously going to be front and center now, very annoying, not sure what will happen to E/U. I think smaller positions and good risk management is going to be quite important in the short period ahead.

I kind of agree but it's going to be a funny peace, "not on Europe's terms", so it might take a while to finalise, but that won't matter for markets I guess? Not sure. I certainly wouldn't be short though.

Trump and Putin began negotiating on Ukraine peace. This was expected, watchout for any related announcement, whenever peace is achieved (I'm not saying it's going to be necessarily soon), eur/usd is going to rally like you can't imagine. Even any ...

Still being supported by the 200 ma on the 4h for now, but declining. Keep an eye out on this one for a 4h close below. It wouldn't surprise me at all btw if on Friday some deal is reached and the tarrifs are called off.

Whoever said in the previous pages it's a stop hunt below liquidity/support level, bang on. Now that the longs are cleared, it will go up before FOMC (probably). I think 1.045 is possible to begin with. Total mofo 1h bull candle. PS. One more thing, ...

I would be beyond surprised if the Fed cut, given everything that's going on, in fact I suspect there would be a hawkish message - something along the lines of, "we want to wait and see what happens, uncertainty, etc". Given that, I am very ...

I suspect this is the liquidity pullback, it won't surprise me at all if the next NY session takes E/U to 1.055, before dumping at the Fed later this week.