The first day of the G20 finance ministers’ meeting in Buenos Aires has come to a conclusion. Free trade and cryptocurrency regulation were highlighted ahead of the talks, with a debate on the taxation of digital companies arising in the meeting.
Jeremy Wagner, CEWA-M
Head Forex Trading Instructor
Short EURUSD on Breakout
Expertise Elliott Wave Theory, Technical Analysis
Average Timeframe of Trade 2 days to 2 weeks
Tyler Yell, CMT
Forex Trading Instructor
Bearish CAD/JPY On Momentum and Fundamental Divergence
Expertise Technical Analysis, Intermarket Analysis
Average Timeframe of Trade 1-3 Weeks
There are two large items on this week's calendar out of the UK with tomorrow's CPI and Thursday's BoE. But bulls just could not wait, and the early-week bullish breakout opens the door to what should be an interesting week around the British Pound.