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EXACT TRADING FX Trading News and Nightly Wrap Up |
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EURO regains 1.16 in a short is long for the banks move
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| The EURO is back above the 1.16 mark having rejected the push to 1.1560 in a move which is sure to have trapped short traders. Just when price is looking good for more downside is of course the moment when the switch is flicked and a military about turn takes place.
GBP was also higher, but even more interesting the EURO the pushed against the luckless TRY as even a supposed Visa agreement didn' t stop the TRY rot. |
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