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because it is Rumors about Greece, rrumors about what Obama told, rumors that Merkel and Schoeble are disagreeing ... all rumors now
Oh yeah
They started with "senior EU officer told this" ... The usual market makers tricks
What a nice whipsaw. HFTs squeezing the rest of the liquidity out of the market
EUR/USD moved to the downside earlier today but the pair formed a doji candlestick on the four-hour filter chart right above the support at 1.1230 which is a signal that it might start climbing again.
IMF stopped negotiations with Greece. We shall have some hilarious days ahead
The EUR/USD fell to the 1.1180 level today but recovered lately to 1.1271, what i see is more bearish for the end of the week as a result of the strong USD.
Why do I have a feeling that it is rumors that are driving EURUSD again
Your feeling is right, Eur/Usd keep waiting for a Greece deal, any news/rumors flying around will drive this pair.
Oh yeah They started with "senior EU officer told this" ... The usual market makers tricks
Speaking of which, here is another one: ''According to German tabloid Bild, the German Government would have activated preparation plans for a Greek state bankruptcy.
This time the swap collecting time was completely without volatility. No volume at all in EURUSD. Al left with IMF?
All within normal - still
Expect profit taking today - without some big news resistance will not be tested today
Nobody believing in Greek solution? Too steep for just profit taking