Forex: Dow Threatens Collapse, But Will the Dollar Be So Lucky?
Even the most optimistic bull is concerned that the technical break from US equities this past week could evolve into a full-scale sell off. Given global investors' leverage and exposure, that can redefine our markets and provide particularly lucrative trades for the dollar and yen crosses. And yet, we have seen too many false starts on the 'risk aversion' theme fall apart to call this systemic shift just yet. In this weekend video, we discuss what to look for to measure the balance of sentiment as well as the many trade opportunities for 'risk on', 'risk off' and even balanced.
Keep up to date on the week's top event risk with the DailyFX Economic Calendar.
Take this quiz to assess your trading IQ! (Initial login required)
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.