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EURUSD - FxWirePro: Three Forces Driving Optimism In EUR/USD And FX Derivatives Trades
The fundamental forces contributing to the less pessimistic view of EURUSD now are threefold: First, the proposals for a degree of fiscal burden sharing through the EUs recovery fund (circa 5% of ...
FxWirePro: A Quick Glimpse At Euro Projections And FX Options Trades
While not quite as rare as hens teeth, upgrades to our EURUSD forecasts have been few and far between; the last occurred as far back as February 2018. The timing then wasnt particularly opportune - ...
Risk slide begins
Rising risk of renewed trade tensions brought investors to scale back their recovery prospects for Europe, while Germany imposed new quarantine measures to halt a potential second wave contamination.
PMI Come as a Nice Bullish Gift
Tuesday brings us solid PMI numbers from Europe. This is supporting buyers and is serving as an ignition point for a new bullish wave for the global stocks.
EURUSD Falling Wedge Triggers Retest of 1.1350; Where to Next?
I commented on the EURUSD stalemate around the 1.1230 area. I noted how the pair had broken below the 1.1230 handle, but I was skeptical about the potential for further losses. The reason for my ...