Just no let up. Worries surrounding euro zone peripherals not abating, infact getting worse. India couldn’t hold back the tide in EUR/USD. Stops mentioned in opening commentary through 1.3750 have been duly triggered and we’re down at 1.3720.
Dutch bank notable seller in last push lower. More stops through 1.3700 and 1.3670.
I’m half expecting Qatar to pop up on the bid at any moment. The Middle Eastern sovereign wealth fund has been notable buyer of the EUR/USD pairing in recent sessions.
