I popped up some of the factors in the earlier post here:
the Mueller headline kicked off a slow burn USD sell, which has accelerated
Long USD holders covering further now, EUR, CHF, yen ... even AUD ... higher since that post
Update:
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The USDCHF trades between the 100/200 hour MA. Waiting for a break away.
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- The USD is little changed vs the EURUSD, GBPUSD and USDJPY. What next for each and why?
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