A Fed hike? Maybe. Someday. Later this year, possibly.
An ECB hike? A certainty. Thursday. The only questions: How big and how many?
Expect a 120.00 barrier in EUR/JPY with prices soaring to 119.70 thus far. EUR/USD is closing in on Wednesday’s 1.4233 highs, now at 1.4225. Heavy resistance lies in the 1.4250-1.4285 window.
