Expect Volatility but Not Trends at Start of EU Summit
The event risk that the markets have been primed for all week is finally upon us: the EU Summit. Unlike the NFPs or the Greek election, this important two-day gathering will not provide a clean run for the FX and capital markets. Given the depth and complexity of the Euro Zone's crisis, there are many possible topics that officials can discuss with each generating a different level of relief or panic depending on how they fall. In today's video we cover the major themes at hand as well as the market conditions we should expect in establish our trading appoach.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.