There are fundamental reasons for the US dollar to be slipping at the moment as the implied odds of a 100 bps Fed hike slip to 17% from 25%. The bond
There are fundamental reasons for the US dollar to be slipping at the moment as the implied odds of a 100 bps Fed hike slip to 17% from 25%. The bond market is also rallying.
That said, the euro is really leading the charge at the moment and that looks like fixing demand so be wary of a fade after the top of the hour.
EURUSD 15 mins
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