EUR/USD barrier interest at 1.3800 is history.
We’ve been as high as 1.3807.
Talk of more buy stops now gathered through 1.3825.
European stocks doing nicely, all’s right with the World…..
Dax and CAC 40 up around 1.5% on the day.
Bit surprised we’ve come soooo far soooo fast, but then again that’s forex for you.
The one thing which sticks in my mind about this morning is the fact that I kept getting reports of ongoing hedge fund buying. What were they thinkng? I guess I’ll never know.