Trading Video: Weighing Bigger EURUSD, GBPUSD Reversals Next Week
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, 05-12-2014 at 02:09 AM (1869 Views)
Trading Video: Weighing Bigger EURUSD, GBPUSD Reversals Next Week
- EURUSD has shown monetary policy may be more than capable for leveraging volatility and trend
- Risk trends remain a constant concern as the claims of 'bubble' growth, but we must follow active roads
- Data in the week ahead promises substantial rate/stimulus speculation for the Dollar, Euro and Pound
Speculators' interest in overwrought risk trends is intensifying as talk of bubbles is even infecting the bullish camp. Given the exceptional impact a change in risk appetite can have given the underlying circumstances of our current bearing, we cannot afford to look away. However, active trades on the theme should wait for the change in tide. In the meantime, EURUSD and GBPUSD are forging progress on another front: monetary policy expectations. From rate hikes to stimulus programs, we are widely divergent programs and a docket loaded with important data next week. We take our current bearings and discuss what lies ahead in the weekend Strategy Video.