In recent trade. We’re at 1.3453 presently. Guess we can call it profit taking.
I reported Eastern European selling in early trading, just like yesterday. And yesterday I reported Russian name particular seller of EUR/USD during morning session.
Well today I’ve heard Gazprom was notable seller early. Using my highly-tuned analytical skills I’d hazard a guess notable Russian seller yesterday was indeed…….wait for it……..Gazprom. Better late than never, hey what
Apparently Gazprom selling euros against rubles, so sounds like……repatriation of profits!!!
UPDATE: 1.3435 offered!!!