EUR/USD testing to its highs circa 1.1030 (getting just above) and backing off a little now.
The pair got a boost overnight from European Commission President, Ursula von der Leyen's plans for her economic rescue and recovery package for the Eurozone.
- it builds on those of German Chancellor Merkel and France's President Macron
- would be even larger than M&Ms initial proposals
- includes some loans in place of earlier grants (a sop to the 'Frugals')
The Asia timezone probably lacks the firepower to take it much higher … awaiting Europe now for fresh impetus.
