It’s all going south. EUR/USD tumbles to 1.3332 now from 1.3385.
European stocks are in the red and on the lows, USD/JPY falling alongside AUD/USD, EUR/CHF.
Not seeing any news but there are some comments coming out from an IFO economist.
- Economic recovery of eurozone could be an extra stimulus
- Euphoria in construction sector fading but business remains solid
Nothing in that to trigger the moves but EUR/USD falls further to 1.3323.
Cable down to 1.5507.
USD/JPY tacks on 13 pips to 97.89 from the low 97.76
USD/CHF is up to 0.9225 from 0.9184
EUR/CHF below 1.2300 touching 1.2287