The dollar made a very modest comeback in the wake of the ISM report but that didn’t last long.
They were pricing in QE when ISM was 56.3 last month and they still have it priced i now at 54.4, it looks like…
Traders are blaming a buy order in EUR/GBP for the rebound in EUR/US in thin markets…
We challenge the highs at 1.3765 as we write.