FXWW News/Open/Wrap

European FX market open, Monday September 16th

FXWW European Open Briefing 16-09-2013

The USD isn’t showing any signs of a bounce just yet but I haven’t yet figured out whether it’ simply lack of interest or something more sinister. The focus should shift to the GBP now that London is entering the fray and I’d suspect that we see a test of 1.60 during the session.

  1. Hey Sean, Danske Bank Team is short aiming for 98.06, and usually when they place their positions i have noticed 8 out of 10 times their correct (Yes i’ve been tracking it), either way interestng to see their short on this pair now, and im guessing if it reachs 98 then maybe we might just open up pandoras box on this one!

Leave a Reply

Your email address will not be published. Required fields are marked *