EUR/USD sits at 1.2428, to the exact pip where it was when I arrived about 4 1/2 hours ago.
Hearing Russia and Middle Eastern sovereign buying in recent trade. Funnily enough heard Russian names selling into the early rally. As I’ve mentioned before Russia known to be aggressive jobber in EUR/USD.
UPDATE: Medium term fund noted seller EUR/USD in recent trade. We’re little lower at 1.2415.
