Talk now BIS been seen on bid in EUR/USD
In low 1.2270s.
We’re at 1.2275 at writing.
The little tinkersNice little profit
By Gerry Davies || July 11, 2012 at 09:49 GMT
Mutterings of BIS interest in EUR/USD
Talk they’ve been selling into the latest EUR/USD rally.
From session high 1.2296 we’re back at 1.2283.
Just incase their interest isn’t enough to cap the upside, finally got reports of where the buy stops are gathering. Some through 1.2300 and more through 1.2320.
By Gerry Davies || July 11, 2012 at 09:20 GMT
http://www.forexlive.com/blog/tag/bis/