Something tells us the BIS' Mikaël Charozé [2]is not going to be too happy defending that all important 1.3000 border in the EURUSD tonight. First prints out of the gate: a timid 35 pip drop to 1.3045.
Something tells us the BIS' Mikaël Charozé [2]is not going to be too happy defending that all important 1.3000 border in the EURUSD tonight. First prints out of the gate: a timid 35 pip drop to 1.3045.
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after
[3] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/05/EURUSD%205.6.jpg