Forex Forecast: Euro Soars, Dollar Slides - A Building Trend?
• Risk trends are still lurking in the backdrop but not the fully engaged underlying driver
• EURUSD is a clear example of risk amplitude and the more proactive monetary policy bearings
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Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. These sessions are held live every Monday at 16:30 GMT. The S&P 500 has pushed to fresh record highs and EURUSD has scaled two-year heights of its own. Is this a signal that capital markets have fully turned over to the bulls seeking yield? Or is this a sign that the euro's fundamental outlook has made the same kind of leap forward as the currency pair itself? We discuss the EURUSD's fundamental bearings, risk trends, major event risk this week and more.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.