A new diversion brought to you by BaFin, Merkel and BNY Mellon.*
Tuesday’s key currency levels according to the US bank:
And Wednesday’s:
All eyes on that 1.2130 support level now. And possibly even that 1.1800.
*Not really. But it is their table.
Related links:
Zwei linke Füße - FT Alphaville
Markets react to German naked shorts ban – FT Alphaville
How the Wolf Pack is (already) playing the BaFin ban – FT Alphaville