The ‘scissors’ move which I had been hoping for in EUR/USD and Cable did in fact eventuate, helping EUR/GBP to reverse sharply lower. I’m hoping that, as it’s early September and many big players are getting back into the swing, we might see a big move in the cross over the next few months.
USD/CHF maintained its bullish momentum but USD/JPY is still lagging. AUD and NZD are where we left them yesterday.
Good luck today and TGIF.
