19:12 EUR/USD: Claims Back Ground As Crude U Turns New York, August 20th. The EIA's opinion that Saudi Arabia may cut output due to falling crude oil prices has re- invigorated battered crude traders, taking the black gold back up to $115.90 again. EUR/USD has been CHOPPY today, banging back and forth between 1.4710/ 1.4765 down to 1.4673 and back up to 1.4747 and traders note thin liquidity, and little confidence in the market - this 1.4640/1.4805 no man's land is littered with land mines and traders are stepping on 20 pip pops and drops quite painfully. Spot last at 1.4740 with oil at $115.95. [email protected]
{Promotion Removed}