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Why is the Euro Tumbling as the Australian Dollar Surges?

Why is the Euro Tumbling as the Australian Dollar Surges?

David Rodriguez, Head of Product

- Aussie Dollar is sharply higher as European currencies tumble

- Lack of forex economic event risk suggest it’s position squaring

- Clear implications for Euro as we head into next week

forex_trading_why_is_the_euro_lower_body_Picture_5.png, Why is the Euro Tumbling as the Australian Dollar Surges?

Prepared by David Rodriguez, Quantitative Strategist

Contact and follow David via twitter: http://twitter.com/DRodriguezFX

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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