You can add this to the mix of reasons for the earlier EUR/USD swoon. Seemed to a combination of around four things if you ask me. This, talk of German bank profit warning, Banca Monte di Paschi shares being suspended and ofcourse the Weidmann resignation rumour.
All put together didn’t amount to a hill of beans.
EUR/USD sits at 1.3343, exactly TO THE PIP where it was when I first sat down. Go figure.
