Make it three days in a row that we get a short squeeze sometime between 15:00 and 16:00 GMT…The previous squeezes peaked at 15:55, foe what it’s worth.
EUR/USD trades at 1.3617.
There may be a fixing component to the move higher as US shares out-performed European shares this month, passive portfolios will have to dump excess dollars to get back to there benchmark at month-end.