I don’t think Europe will pay much attention to these moves when they come in but you never know. The Chinese trade data plus falling stockmarkets have introduced a hint of risk aversion into the air. AUD/USD took out decent sized bids round 1.0050. There are more bids tipped around parity but also talk of very large stops sub .9950ish. EUR/USD dipped in sympathy as earlier longs were forced out of the market.
(Apologies for the problems with the comments section but I’m catching up).
