Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account


DailyFX Home / Video / Daily News Report

Forex: Monitoring EURUSD, Yen Crosses and S&P 500 Breakout Risk Post Fed

By , Chief Currency Strategist
30 January 2014 01:53 GMT

Talking Points:

• A further $10 billion Taper by the Fed failed to push sentiment over the edge into 'fear'

• The backdrop for investor trends is still crumbling and increasingly exposed to 'event' risk

• Emerging Markets remain the greatest risk, but the docket is also loaded with data like US 4Q GDP

What kind of Trading best suits you? Technical or Fundamental? Short-term or Long-term? Take our Trader Survey and find out.

The Fed made a move to further wind down its massive stimulus program, but speculators are not panicking just yet. But, how long can sentiment hold up record highs in benchmarks like the S&P 500 and record leverage against the backdrop of fading central bank support, an growing frequency of volatility events and an unflattering outlook for growth and yield? In today's Trading Video, we discuss the big picture view of speculative trends, the catalysts that are still in play for stirring sentiment and the trades that fit the different outcomes.

Sign up for John’s email distribution list, here.

30 January 2014 01:53 GMT