EUR/USD has taken off like a shot amid talk of buying of EUR/USD by sovereign names. This is the first talk we’ve heard of this kind in quite some time. Yesterday’s high and key resistance at 1.3050 is in focus now.
Same story for GBP/USD, with sovereign names buying as well.
Makes one wonder whether the global community is as enamored of our president-elect than we’d been lead to believe…
