Interbank traders see good dollar selling across the board but particularly in EUR/USD in the last few minutes…both fast money and real money have been active, we’re told. Real money (asset managers) are of more interest to us because they are less likely to turn around their positions than most hedge funds, which trade like hyperactive chihuahuas.
The pushed EUR/USD as high as 1.3368. We now trade at 1.3342, in very choppy trade.