Strategy Video: The Short, Medium and Long-Term View for EURUSD
• The Eurozone economy stalled in 2Q, moving the region's financial markets closer to a tipping point
• A stalled recovery threatens to reverse bond yields which in turn can spark a mass capital outflow
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Eurozone GDP figures showed the regional economy stalled this past quarter while anchor Germany's economy actually contracted. This fundamental trouble only magnifies the risks facing the Euro moving forward between financial stability, speculative appetites and central bank necessity. As growth flags, the threat of sovereign bond yields reversing from record lows rises to dangerous levels. And, should that happen, the domino effect can prove severe for the currency and the region's markets. We look at this big picture fundamental situation for the Euro and its trading implications in today's Strategy Video.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.