It’s a slog but the market’s slowly munching through exporter offers from 77.70 which apparently are layered up to 77.90/95 ahead of some buy stops through 78.00.
Real money bids are sitting from around 77.65 down to 77.50.
USD’s around 77.74
Not very inspirational stuff but there does seem to be some buying interest creeping into the pair at last…
