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EUR/USD falls following reports of ECB rate said to be cut wide open
According to a leading news wire service, leaked comments from the ECB suggest the prospect of a rate cut next month is wide open. Well, that is surely of no surprise, given the latest data, but it has nevertheless dented the Euro versus the dollar, Pound and Yen. German bunds are moving to session highs following these comments and that is undermining the the EUR/USD, which is now close to session lows as it steps back towards 1.1125 from earlier highs above 1.1155. It is currently trading 1.1129
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GBP/USD once again edging towards 1.3434
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USD/JPY has a look below 140
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Bitcoin chart looks a bit more supportive today
As covered here yesterday, Bitcoin managed to poke its head above the 200 day moving average, but it was certainly not a very dynamic move and it blew...
