JohnKicklighter
Short

As Market Volatility Settles, EURUSD Gains Traction

FX:EURUSD   Euro Fx/U.S. Dollar
325 1 8
EURUSD             has pushed through 1. 1400             as bulls gain traction amid interest rate doubts for the Fed. The same conditions that waylay a FOMC hike however can also cause problems for this pair. Financial and economic volatility would halt the central bank, but that can also revive demand for a haven - which the Dollar represents in spades. So this volatility (inverse here) slide may not hold out as a catalyst.
what are your targets for the short?
+2 Reply
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