Especially Mondays in the summer…just worthless.
Last night’s jitters have given way to the status quo of the market assuming a deal will get done but just waiting for the final details to be worked out.
The Greek confidence vote tomorrow is the next hurdle for the market to overcome.
At the moment, we are range-bound. Asian dip buyers from this morning are now sellers on rallies between 1.4320/30.
Small stops are seen in the 1.4330/35 area with larger stops now above 1.4350.