Thursday, March 7, 2013

EUR/USD Update

I mentioned it earlier, although more focus has been on the Yen, it looks like the EUR/USD is going to come down shortly, I don't know what that will mean for the Euro as $1.30 seems to be a floor, but I know what it would mean for the $USD and risk assets.

 5 min chart of the pair, not much movement today at all.

Here in the futures it has gone negative in the short term.

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