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Euro surges into the London fix

Started by forex4you, Sep 17, 2022, 04:45 pm

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Euro surges into the London fix

<p>There are fundamental reasons for the US dollar to be slipping at the moment as the implied odds of a 100 bps Fed hike slip to 17% from 25%. The bond market is also rallying.</p><p>That said, the euro is really leading the charge at the moment and that looks like fixing demand so be wary of a fade after the top of the hour.</p>

                This article was written by Adam Button at forexlive.com.

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