EUR/USD has blasted from the 1.4240s to 1.4300 in double-quick time but dealers have ben unable to unearth the source of the flow just yet.
Asian offers were rumored in the 1.4260s earlier, both China and India, but we’ve managed to make new highs with relative ease.
We’re just picking up that a Swiss name is the main buyer but no clue as to who the ultimate customer is…
1.4325/30 is next resistance. Risk on! Der recession is over!
