Forex: EUR/USD Given Fundamental Green Light for Reversal
Two, key central bank policy decisions this past session have changed the landscape for the Euro and the British pound. However, the reaction from the EURUSD and GBPUSD have proven more complicated than expected. With the distinct threat of a risk-based driver in the NFPs release in the final session of this trading week, we are weighing the market's two dominant themes - stimulus and investor sentiment - for volatility and trend potential. In today's video, we discuss how key fundamental trends are aligning and what it means for pairs like EURUSD, GBPUSD and EURJPY amongst others.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.