After some positive news from Moody’s last Friday on Italy the headlines are starting to fade making this morning a great opportunity to start getting short EURUSD and EURJPY around current levels.
The ECB introduced a risk premium on the EUR which is only going to increase as the EZ outlook softens. I like playing EUR against pockets of USD strength as we have the possibility for renewed pricing on Fed hikes in the picture and JPY via fiscal year-end repatriation flows.
Best of luck to those trading Euro live this week
The ECB introduced a risk premium on the EUR which is only going to increase as the EZ outlook softens. I like playing EUR against pockets of USD strength as we have the possibility for renewed pricing on Fed hikes in the picture and JPY via fiscal year-end repatriation flows.
Best of luck to those trading Euro live this week
Comment:
A quick update here as Europe leave their desks
Comment:
A final push will do from the European morning session
Comment:
Trade closed: target reached:
First targets hit here, well done shorts !!
