Video: A Look at Euro, Pound, Yen And Dollar After Explosive Event Risk
• The FOMC rate decision and ECB TLTRO injection have passed, the Scottish Referendum will soon be over
• As these high level event risks pass, the market's return to their previous fundamental trends
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We have passed the FOMC rate decision and ECB TLTRO injection and they have proved a short-term boon for the US DOllar and Euro respectively. Will the Scottish Referendum vote prove the same for the British Pound? It remains to be seen. Nonetheless, as these high-level event risks pass; the short-term anxiety and volatility in uncertainty ease. As the tide recedes, the market looks to reestablish dominant trends. Are broader activity levels in the financial system still trending higher? Where do currencies stand on the monetary policy scales? We look over the Euro, Dollar, Yen and Pound (for after the Referendum) in today's Trading Video.
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