Sometimes it’s a little easier to make a few shekels in foreign exchange than at other times. The last half hour or so has been a good example of one of those times when it’s just a smidgeon easier (but never wholly easy.)
Touted buy interest at 1.4100/10 including those four golden words “Asian central bank interest”, has served to stop the EUR/USD sell-off in it’s tracks. Having hit a session low 1.4108 we’ve bounced quickly to 1.4125. It might prove short-lived, but 15 0dd points is not to be sniffed at.
