EUR/USD, EUR/CHF, EUR/JPY are all off their highs as we consolidate amid quiet month-end markets.
Euro bulls hope a strong ISM figure tomorrow will lift all the “risk-on” boats (stocks, commodities, USD/JPY, USD/CHF and EUR/USD, to name a few) . Expectations for a good number have ratcheted higher after a surprisingly robust Chicago PMI number this morning.
EUR/USD trades at 1.4515, EUR/CHF at 1.2195 (from 1.2245 highs) and EUR/JPY at 116.97 from 117.19.