EUR/USD is back below 1.4500 after the risk-on rally in early US trade fizzled below overnight highs between 1.4585/90.
Nothing much new from Dudley. If it were up to him, the Fed would never hike again…
Looks like the market is losing inspiration, with many heading to the exits as the market remains quite crossed-up (cross action dominating as opposed to dollar direction), making directional bets in any one pair dodgy a best.
I know inspiration here is severely lacking…