We’ve so far seen some recovery in EURUSD, GBPUSD and AUDUSD as the strong support lines I highlighted in my FOMC preview continue to hold. USDJPY is lower at 98.23.
The jury is still out so I don’t expect huge follow-through but we should see some good two-way action in the month-end mix.
EURGBP trying to hold below 0.8550 and looking soft overall despite month-end buy interest but good support at 0.8540 still critical.
