Sources report that a model fund has been a notable buyer of EUR/USD around 1.3300 in recent trade. The fund is said to be “well respected.” It’ll be interesting to see where it goes from here, now I’ve heard that. We’re presently at 1.3307.
Will the entity loose a little of that respect later today, or will it be enhanced greatly. They’re certainly going against the flow, that’s for sure. Only time will tell. Watch this space.
UPDATE: 35 BID. ALL HAIL THE MIGHY MODEL FUND!!!
Doesn’t really matter where it goes now. They’ve certainly got my respect. Not that that’s worth jack
