So far, we’re holding the 1.3541 session lows, having been as low as 1.3449 this afternoon. Rebounds should run into offers now in the 1.3585/90 area near-term.Downside stops reside in the 1.3535 area. EUR/USD trades now at 1.3562
The CRB index is 2.1% lower in afternoon trade as the usual European woes and fresh fears of a Chinese hard landing undermine demand for commodities. Oil us down 2%, copper is down 3.4%, grains, sodts, all are lower. Only … Continue reading
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