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EUR/USD falls to fresh session low on the 4pm London fix
Since earlier today the EUR/USD has been making a really poor job of launching any kind of rebound. Even when the USD/JPY fell below 154, the Euro could not make much headway. Granted it did get back above 1.0540 a short while ago, but it id not stay there for very long and since then it has just slumped to a fresh session low at 1.0509. Updates here earlier today noted the risks of it falling below the 1.05 handle again today. Well, it has not quite managed that, but it did fall right on the 4pm London fix just now. Clearly there was a Euro selling order set for that event. The EUR/USD is currently trading at 1.0510
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