With the markets already thin at month-end and owing to the failure of London to bother to show up for work today, markets are fairly whippy. We’re seeing a minor bounce in the dollar across the board as traders lighten up on positions.
Look for some volatility around the 15:00 GMT month-end fixing followed by a quiet afternoon.
1.4825 is minor support on dips for EUR/USD, while 81.65 is pretty firm resistance. Look for some stops above the 81.70 level.
