It seems like the humans have given up and it is basically computer trading with computer late in the US session. We trade in neutral territory in EUR/USD having bounced back from 1.3890 lows but we trade nearly equally far below the 1.4138 highs posted Wednesday morning. We sit now at 1.3985.
It has been a frustrating trendless week and one gets the sense that some will pack it in for the week after today.
Asset markets are performing strongly, luring some into reflation trades but that theme seems a bit tired. Wish I could provide some more sterling insight, but ideas, they are few and far between at the moment.
