What a morning … (so far).
More please.
Bids are trailing down to 88.50 from those who need to buy but missed the move earlier. Japanese importers are still noticeable buyers.It also seems no-one wants to be short now (Hey, that’s understandable after a relentless rally like this). There aren’t many offers but 89.10/15 might attract some from traders. There is small offering interest above 89.30. I expect to see some more between 89.20 and 30 but they are not there at the moment.
88.90 bids are building, below that 88.70/80.
