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EURUSD Outlook Week of June 9, 2013: 4 Things to Consider

From thesensibleguidetoforex.com

EURUSD Outlook: Short term neutral/bullish, longer term bearish The main long term EURUSD driver Reasons behind recent EURUSD rally Technical Picture Coming week likely EURUSD drivers and what makes them influential Longer term the USD outlook remains bullish as long as the Fed continues to appear hawkish relative to the ECB, BoJ, BoE, RBA, and other leading central banks. Belief that the Fed was indeed the only one moving towards a meaningful tightening has been the fuel of the USD rally. Other considerations were short term or minor. Over the past week, that longer term USD rally has been undermined by a variety of ... (full story)

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