Euro ramps up into the final London fix of the month

Read full post at forexlive.com

Euro demand into the London fix has been a staple over the past week or so and we’re seeing it again today. EUR/USD is at the highs of the day, up 45 pips to 1.0057. It traded as wlow as 0.9972 earlier but has been on the march higher since eurozone CPI data and more calls for 75 bps next week.

We start the new month tomorrow.