Lol I have already told exactly what triggered the up move. It was ECBs stating ECB had no tools to combat a stronger euro. The euro strenght facet of that move is totally explained.Originally Posted by ;
Another area of the transfer, USD buying, you can only speculate on, but dollar was being purchased for some days because of expectations of a hawkish FOMC minutes the next day, so it makes great sense that it was that.