If you’re not British and of a certain age, you probably won’t have the foggiest what that headline’s all about.
Well tough.
Anyways, you know those EUR/USD sell orders I mentioned earlier at 1.3075/85. Well now I’m being told they include Asian central bank sell interest at 1.3080/85.
We’re at 1.3062 having been as high as 1.3072 so far.
Middle eastern sovereigns taking on Asian sovereigns, always fun to watch.
