This is the time of scarcest liquidity for the 24 hour forex cycle.
EUR/USD (and the USD generally) is extending its run during this time
- Stop loss sellers under 1.1500 (round number effect)
- and lack of liquidity
combining to extend the run it had during Europe/UK/US time. If you are after a catalyst, scroll back on forexlive and find the comments from Fed head Powell.
