USD weakness right from the start of the new week
0 Comments for:
USD is sharply lower right from the start of the new week, as heavy stop-losses triggered above 1.3100 in EUR/USD and above 152.00 in EUR/JPY, a lot of them option related, as traders were short volatility and now try to get out.
Thin liquidity exaggerates moves. We expect USD weakness to continue when Japan comes in.
0 Comments:
Post a Comment
<< Home