Talk of RHS 9:00 GMT fix interest in EUR/USD.
This will have helped fuel latest rallyette in EUR/USD. As I’ve said a million times before, by the time you hear of these fix flows they’re alot of the time well on the way to having been fully front run.
UPDATE: Case in point, slight dip in EUR/USD as fix time passes. We’re not alot lower though when all said and done, presently at 1.3330.