Activity seems to have picked up a bit this week and the fact that EUR/USD has managed to move off 1.55 will no doubt have cheered up many FX players. But for the moment it still looks as if it’s going to be a quiet summer, unless of course that hoary old chestnut called the sub-prime crisis raises its head again or if some other debacle spills over from another market.
June 27, 2008
