The euro has fallen out of bed.
Apart from what has already been posted there is no obvious smoking gun. Chinese PMIs dropped, indicative of Trump tariffs biting. And it won’t just be China suffering such drops.
USD/JPY is a touch better bid also. GBP/USD is a little lower also.
US equity index on Globex have been soft since reopening for evening trade.
This article was written by Eamonn Sheridan at www.forexlive.com.
