EUR/USD: Central Bank Bids Rumored Once Again

All manner of central bank buyers of EUR/USD have been rumored today with a quasi-central bank now added to the mix in addition to Asian and Eastern European names mentioned earlier. The EUR continues to balk ahead of the 1.2940/50 area at present, but with the downside limited near-term, stops at 1.2960 may prove attractive. EUR/USD trades at 1.2938.