EUR/USD: Barrier protection ahead of 1.3150
There have been some reports in the last few minutes in the FXWW chatroom of decent-sized selling flows in EUR/CAD and of strong bids ahead of an expected 1.3150 barrier in EUR/USD.
There is an increasing expectation that the ECB will roll out some special easing measures as early as next week and that is fuelling the EUR bearish sentiment.