EUR/USD has bounced from aforementioned 1.3830 support and we’re back up at 1.3855, still firmly entrenched in the 1.38/1.40 range.
Haven’t heard of any sovereign buying interest at lower levels, or any of the usual bigger suspects having been out to play. That’s not to say they haven’t been active. Anyways, we’re fast getting to the stage where that almost doesn’t matter, such is the expectaton of such. Traders will for a time be happy to front run the possible interest.
