FX:EURUSD Euro Fx/U.S. Dollar
While I'm certainly not a conspiracy theorist, something just seems very askew with the ECI print we received this morning. From overnight lows, the Euro had its strongest day of 2015 off the back of the release. While there's no official rumour, I say: "sell the rumour, buy the news!" Look for a move back down to the 50% retracement level at 1.1020ish.