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EUR/USD slips to fresh session lows after repeated attempts to rebound fail
In the past few minutes the EUR/USD has seemingly given up all attempts to rebound and for the whole session so far any rebound it has undertaken has been slight and below 1.0420. The Euro just now fell to set a fresh session lows underneath 1.0390, at 1.0387. The move lower comes with news that Trump is to shortly sign another executive order. There is no suggestion that this has anything to do with trade or Europe, but the market often adds 2 and 2 together to arrive at a number, which is often incorrect. We shall see. Also the push lower in the Euro comes as the USD/JPY edges higher once more, currently lifting above 156.40. The EUR/USD is right now at 1.0395
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