We’re up at 1.2800.
Middle Eastern (I’m shocked) and Russian buying noted in this latest uptick.
Amazes me how 1.2800 remains so magnetic.
Reports on buy stops somewhat conflicting. Some talk they’re through 1.2810, other talk they’re through 1.2820. Take your pick.
UPDATE: Reserve Bank of India notable seller into EUR/USD rally. We’re back below 1.2800 after quick peek above.
Sounds like various sovereigns playing table tennis with EUR/USD.