EUR/USD has come under accelerated pressure as rumours of a Ukraine debt default swirl in the market.
We’ve been as low as 1.4811 so far, presently at 1.4820. China will now try and protect its 1.4800 dnt interest.
As Lilac has rightly pointed out. It’s just the kind of rumour I’d like sloshing about if i was the bank/one of the banks on the other side of China’s dnt.