EUR/USD has slumped in its range, weighed down by sales by a US investment bank. Prices are finding support in the 1.3960s at present. Dealers say China seems to have set out 1.3950/1.4150 parameters for the short-term and we are meant to abide by them.
Retail sales (expected +05% ) and jobless claims (615k) from the US could make the downside vulnerable in the near-term just by virtue of its close proximity…
