EUR/USD is very marginally firmer in lacklustre early European trade, presently at 1.4015. Reports of Asian sovereign buy interest lying in wait down at 1.3900/20 are lending the pairing some marginal support.
Sources also report buy stops up at 1.4025/30, which if triggered could obviously extend the fledgling rally. It’s a case of how much appetite there is in the market today given the absence of the US later. The early signs aren’t great.
