EUR/USD/Flows and Orders

EUR/USD orders update

  • Light trailing stops below 1.3325 and again below 1.3290:
  • Heavy buying interest expected near 1.3250, including real money and Sovereigns.

(There are no firm bids at this time but interbank sales desks report that both these categories need to buy EUR/USD and that this 1.3250 level is now the most likely to attract such interest).

  1. Interbank platforms like EBS will show you depth once the market is trading close to the level but otherwise the only real source is interbank sales desks who collate virtually all orders

Leave a Reply

Your email address will not be published.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