wow..."As for EUR/USD, it’s barely worth trading. It fell this week with the VW share price, and having a view on where it goes next is way outside my skill set."...
outside my skill set."...
outside my skill set."...
outside my skill set."...
Too humble...if one can write for Soc Gen...for should but may not have...!!!
Back to E/U...retreated because of VW...interestingly...The GERMAN MADE brand name is permanently tarnished.
Magnitude should be subtle but far reaching.
EZ depends on Gr/UK/Fr...turning to US annualized GDP...it is big comparing and any US % change can be huge in dollar term.
The number will come up in about 15 minutes...let's wait and see how resilient or can EUR/USD break out of recent range trading.
More inclined wanting to add short position and target 1.1060 area.(nyt 8:15am)