The dollar put in for its biggest drop in two months as the Dow Jones Industrial Average extended its longest rally in 16 years. Fundamentally, this is the connection to risk trends that we expect to occur. And, with that fundamental backing; it would seem that the GBPUSD's reversal back above 1.5000 and EURUSD's proximity to a possible trend reversal. Yet, there is still a serious disconnect that could immediately sabotage a meaningful drive from these and other pairs: risk trends. We discuss the scenarios and trades with these high stakes in today's video.
Bring the economic calendar to your charts with the DailyFX News App.
Sign up for John’s email distribution list, here.
