Dealers say that sovereign sellers have emerged in EUR/USD, most likely from central banks that have been defending their national currencies and are now buying back dollars via the euro.
Stops are building in the 1.2740/50 area and beow 1.2700.
Dealers say that sovereign sellers have emerged in EUR/USD, most likely from central banks that have been defending their national currencies and are now buying back dollars via the euro.
Stops are building in the 1.2740/50 area and beow 1.2700.
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