Clever old sticks in Basle, selling EUR/USD up at 1.3250+ yesterday.
We’re down at 1.3185 presently, having been as low as 1.3176 so far in the wake of the S&P Spain downgrade.
Yesterday had reports of sell stops through 1.3175 and they’re probably still in situ. Also talk of more sell stops through 1.3140.
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