Philly Fed, which correlates pretty well with ISM, has dipped back to the -7.5 level from -2.2.
This may undermine the reflation trade a bit after a big rally to begin the week.
Dealers note trailing stops blow the 1.4100 level in EUR/USD near-term.
Philly Fed, which correlates pretty well with ISM, has dipped back to the -7.5 level from -2.2.
This may undermine the reflation trade a bit after a big rally to begin the week.
Dealers note trailing stops blow the 1.4100 level in EUR/USD near-term.