EUR/USD has not made a serious challenge of the overnight highs despite continued rallies in equities and commodities. The CRB is up an impressive 2.4% today, a big move for that index. Damn Canadian forest fires are helping spur a short-covering rally in oil…
EUR/USD is consolidating quietly around 1.4260, still in the higher end of the range. AUD is a tad sluggish today as well, given the commodity-based nature of the risk trade. USD/CHF is holding support at 0.8783 on dips…
