Quoting Swami SDislikedI have been looking at the charts across all pairs and it seems to me that there is a global pinch. Are we all waiting for a defining moment to move things....a big news/sentiment change? Maybe i have just been up too long or just looking for trouble. But is someone about to declare war or is the world gonna wake up to the earth changes or what? China one trillion??? Hell if i was in charge i would make a play right now!
lovin this thread
Swami SIgnored
Good choice for a Forum handle.
GMT
[15:11 EUR/USD: Iran War Games Add to USD Jitters] Boston, March 30. Iran says it will launch war games in the Persian Gulf tomorrow to test defensive readiness. Dealers are eyeing the games with some suspicion given Iran"s rejection UN Security Council demands to stop uranium enrichment. Iran has threatened recently to block oil shipments through the Straits of Hormuz if sanction ed by the UNSC. Today"s big jump in gold is rumored to have been lead by Iranian buying as well, raising eyebrows. EUR/USD trades just below session highs, now at 1.2144. Jitters over a potential "weak USD policy" from the US is helping weigh on the greenback.