USD/JPY and EUR/USD In the Crosshairs with Heavy Event Risk Ahead
With a set of active fundamental themes weighing the market, next week promises to generate considerable volatility - and potentially trends - for key pairs like EURUSD and USDJPY. In the weekend video, we discuss how to measure the influence of four key fundamental themes - risk appetite, Japanese stimulus, ECB rate cut expectations, over-leveraged UK stimulus forecasts - and how they can turn into significant trade opportunities (Expect breakouts? Use the DailyFX Breakout 2 strategy to signal or confirm setups!) for a slew of technically-prepared currency pairs.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.