Chatter in market that there are very decent-sized sell orders just ahead of 1.3500. Mumblings of 3 yards (3 billion)
Take it for what you will. I’m just passing it on.
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Bit of EUR/USD scuttlebutt
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Iran's frozen funds emerge as potential final sticking point in US-Iran deal
- UK CBI shows retailers sentiment fell at a slower pace compared to previous two quarters
- Japan government retains its assessment that the economy is recovering moderately in May
- ECB policymaker Lane hints the market is correct in expecting a rate hike in June
- Oil prices nudge up from overnight lows awaiting further US-Iran developments
- Indian Rupee recovers losses on lower oil prices, but risks remain on prolonged stalemate
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