EUR/USD continues to find buyers in 1.3650 area
Try as we might this morning, 1.3650 continues to attract buyers. We’ve bounced back toward the 1.3675 level and it looks as though the reports of EUR/CHF buying are at least partially true…
That cross is at session highs of 1.3670 with 10-minutes to go before the fixing.
Risk-aversion is lessening as well, with stocks and commodities both well above early-session lows. S&P -0.2% and CRB down 0.7% versus -1.1% earlier.