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supermongondovias
Aug 4, 2014 4:39 AM

EURUSD - USD BEARISH OUTLOOK Short

Euro Fx/U.S. DollarFXCM

Description

The balance of economic data, specifically on economic growth and the inflation is already seen as in favour of the Greenback and thus USD bullish market chatter will should dominate.

There is a good chance that with some assistance from additional weak EU (German) data and continued strong US data during the next month or so we could see most of the anticipated USD rally gearing off US economic growth out performance.

Additionally, Majority of the market are likely to be wrong footed on a strong USD rally now, hence all the more likely.
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