We’re in the zone where barrier options may become a factor. We’d not be surprised to hear of 1.3600 triggers in EUR/USD and 0.9700s in AUD/USD…
We’re seem to be pausing for breath after a furious currency rally versus the greenback. Cable is major laggard as EUR/GBP rallies along with EUR/USD on fears that the BOE could rejoin the quantitative ease club…
AUD USD rallied as far as 0.9684 and now trades at 0.9675.
