EUR/USD reached 1.3595 after the data and 10-minutes later made a new US high at 1.3632. Methinks the market saw a name on the bid that it did not want to wrestle with.
Reports of very large option-related selling toward 1.3700 leads me to suspect that those same names are now buying dips. Looks like 1.3550/1.3700 could be the state of play for the next few days…
