Trying to sniff out some stop loss sell orders
Cable has been soft ever since the second vote in the UK parliament Tuesday put an end to an octo October 31 negotiated Brexit
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The technical analysis folks are eyeing a move under 1.2860 for GBP/USD
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- ECB policymaker Makhlouf says concerned about energy prices staying higher for longer
- US futures keep steadier for now even as oil prices hold at the highs
- USD/JPY wipes out a chunk of the likely intervention play earlier, so what's next?
- ECB policymaker Nagel says more appropriate to respond in June if outlook does not improve
- USD/JPY tumbles again after early bounce, Japan MOF back in the market?
- UK April Nationwide house prices +0.4% vs -0.3% m/m expected
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