French defence minister out on the wires 5 Sept
- NK ballistic missiles could have the ability to reach Europe sooner than expected.
Like it, loathe it, or laugh at it but the NK crisis is not going away anytime soon .
Last one out please turn off the lights.
USD selling prevailing again with USDJPY and USDCHF down to 109.28 and 0.9583 with EURUSD up to 1.1905 but GBPUSD out-pacing them all up to 1.2962 as EURGBP remains on the back foot at 0.9183
Large 0.9200 option expiries defence in play.
PS. I did say in my UK services PMI post to expect demand into 1.2900 and shorts might want to take some profit down there at the time.
I hope some of you took heed. Or longs were able to build positions. Don't get greedy though as we're ranging still.
GBPUSD 2hr
