EUR/USD down at 1.2760, hedge fund and Russian selling notable. I await reports of ACB and BIS buying emerging, or maybe even they’ve given up. As we know we tend to get pockets of buying interest usually in 50/60 area. Will be interesting to see if we follow usual pattern. Can’t say im getting any particular reports of such interest.
Global stockmarkets getting hit , oil off three quarters of a buck. How do you like your risk aversion, poached, fried or scrambled?
