Most assume any significant increase in IMF funding by the US will require Congressional approval and is therefore a non-starter…The FX market has to deal with the ugly aftermath and traders caught short on the massive spike to 1.3183 are still trying to get them back on dips…Could take a while in thin December markets…
EUR/USD trades at 1.3140 with resistance eyed Between 1.3180 and 1.3200.
