Week in FX Europe – EUR’s Timeline for Demise Lengthened

The EUR continues to be pared back, and now through significant technical and psychological levels (new yearly lows below €1.3473). The much talked about €1.3400 (€1B vanilla) option barrier test seems inevitable, especially on fresh momentum. The creeping rise of short U.S. yields is supporting the…

See the original post here: 
Week in FX Europe – EUR’s Timeline for Demise Lengthened