Reuters citing sources close to the scene 31 Aug
- Strong euro is worrying a growing number of ECB policymakers
- euro concerns increase chance of delay in QE decision or a more gradual exit from asset purchases
Citing sources or being planted with quotes by ECB for desired effect ?
Either way it's working and EURUSD falls to 1.1846 with EURGBP down to 0.9203 after testing those 0.9230-35 offers. EURJPY falls to test 131.00 as USDJPY stalls around 110.60
Markets shouldn't be surprised by this ECB sentiment for a lower euro but tell that to the algos.
EURUSD 15m
EURGBP 15m