Boy, if we break the 1.3280/90 level we’re really gonna motor to the downside, no?
Turns out, no. Just a false break, and now we’re back in the range. EUR/USD has rebounded back to the 1.3300 level from 1.3277 lows.
European equities closed soft, with Spain falling 1.9%. The S&P 500 is down 0.5% at writing.
Offers are eyed at 1.3325 on rebounds intraday.
Sad to say, but looks like another dull afternoon ahead without even a Bernanke lecture to keep us amused…
