It's all about the euro so far as Europe gets fully underway
I highlighted the option-led demand at 1.1000 which saw the initial surge and since then we've triggered more stops through 1.1060 to take out more offers at 1.1080 to post 1.1090
German IFO for July out at 08.00 GMT with expectations of business climate index coming in at 107.20 vs 107.4 prev but I wonder if someone has had a sniff of something better to add to the euro-positive mood ?
Currently 1.1073 with EURGBP 0.7138 after running into 0.7150 sellers and EURJPY 136.62 after 136.77 highs so far.
