EUR/USD has slipped back to 1.4050 at writing having earlier posted a 1.4070 session high.
Sources now report option-related sell orders at 1.4070 up through 1.4100.
I had wondered, given the aforementioned sovereign sell interest above 1.6400 in cable, whether we might be about to see some sovereign selling in EUR/USD. As yet though I don’t have any reports of such.
