EJ (EU also):
Market movers moved price to/past previous low, in advance of high impact EUR release. They expect good news?
Edit: A quarter hour following the EUR high impact release, both EJ and EU are well below previous lows. But not GU, which dropped only to around the previous low. So, once again, EU slips precipitously, but not GU. And once again, it is hard to imagine EU weakening this much against GU. This time could it be that EU is purposely being driven low for no other reason than to favor building long positions for a run back up to "equalize" it with GU sometime later?
Market movers moved price to/past previous low, in advance of high impact EUR release. They expect good news?
Edit: A quarter hour following the EUR high impact release, both EJ and EU are well below previous lows. But not GU, which dropped only to around the previous low. So, once again, EU slips precipitously, but not GU. And once again, it is hard to imagine EU weakening this much against GU. This time could it be that EU is purposely being driven low for no other reason than to favor building long positions for a run back up to "equalize" it with GU sometime later?