I missed this one this morning amid the bloodletting that hit the dollar. It’s just one more piece of bad news for a greenback that has taken a blow as the central bank embarks on a course which has only been tried once before and tentatively and belatedly at that (in Japan earlier this decade) before.
EUR/USD is edging up in its range late in the session , trading near 1.4400, after an afternoon of consolidation. A move toward 1.4865 cannot be ruled out before year-end (or maybe breakfast tomorrow).
