All aboard the FOMC gravy train 15 Dec
Early USD buying from across the pond being cited for the latest shove higher .
EURUSD barrier option at 1.0450 now history and stops triggered to post 1.0430 in a rush. Another barrier looms at 1.0400 and that's reported now to be larger so let's see if that has any bigger say on matters. The 1.0450 certainly helped to provide support for a while and the 1.0500 expiry interest provided good opportunity to buy dips or sell rallies to good effect.
Currently falling further to post 1.0412
GBPUSD down through 1.2530 as I type testing 1.2480 and backing my bearish view but still finding some support from the EURGBP fall to 0.8340. More demand around 0.8330-35 which translates to 1.2000 in GBPEUR terms, a psychological level.
USDJPY marches on to 118.60 and I'm so glad I wasn't stubborn enough to keep swimming against the tide.
USDCHF also enjoying the ride higher to 1.0326 which must make those SNB longs look very good on their books right now.
AUDUSD down to 0.7367, NZDUSD 0.7048 USDCAD 1.3347 also feeling the USD+ impact.
DXY (US dollar index) above 103 for the first time since Jan 2003