EUR/USD is squeezing some intraday shorts, popping up to 1.4606. US equities opened a bit-less weak in the cash market than in futures trade and traders say there has been some buying of EUR/USD by a European central bank. Any buying at these levels would be “commercial” only, not meant to send any sort of a signal to the market, that’s for sure.
Traders continue to debate the USD impact from the China trade row. Best not to tug on Superman’s cape is my view.
from forex live.
Traders continue to debate the USD impact from the China trade row. Best not to tug on Superman’s cape is my view.
from forex live.