EUR ignores the bad news, rallies on the good news

By: Sean Lee

The EUR crosses went on a bit of a rampage overnight yet again, with EUR/GBP, EUR/AUD and EUR/JPY leading the way. It looks like my anticipated consolidation period in these crosses is over almost before it started. The market NEEDS to buy EUR, rather than wanting to buy EUR, a big difference indeed.

Let’s see if we can find some trading opportunities today. Good luck.