To session high .8589 amid talk European sovereign has been in buying the cross.
Sounds like usual month end demand innit.
EUR/GBP extends rally
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The US treasury auctions off $22 billion of 30 year bonds at a high yield of 4.651%
- US treasury to auction off $22 billion of 30 year bonds at the top of the hour
- ECB policymakers are convinced that no further rate cuts are needed to deliver 2% inflaton
- Freddie Mac: US 30 year mortgage rate falls to 6.35% from 6.5% last week
- As European traders exit for the day with the major indices enjoyed solid gains
- Initial jobless claims were likely messed by Texas
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