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Kamis, 04 Februari 2016

Euro feels the love as European equities retreat in early trading

Europe’s equity markets are finding a few sellers and that’s helping push the funding-currency euro higher

– EURUSD 1.1120

– EURGBP 0.7618

– EURJPY 130.95

– DAX +0.73% but just off its lows

General USD supply too with USDJPY down to 117.64 after failing above 118.00 earlier. GBPUSD up to 1.4600 after holding the earlier dip to 1.4562 just above the strong demand around 1.4550 that I highlighted in my BOE MPC preview





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