Being told a major swiss bank is now buying the EUR/USD but there are plenty of offers up around 1.2800 not least apparently the BIS !
Guess time will tell, but latest on the order front is that stops are now building from above 1.2815. There are also some maturities today at 1.2800 which may help some magnetism , but i haven’t heard that they are of any great size
We’re sitting at 1.2796
