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EUR Catches A Bid Ahead Of The ECB
The Euro keeps garnering further upward traction in the Asian session this Wednesday as the conviction over the boldness of the stimulus by the ECB is in recess. We have another 24h of technically-oriented EUR trading before all the bets go off when Draghi takes the stage on Thursday. The USD index, which finds itself in a value location (I elaborate on it in the charts section), may start to get more attention in what's still arguably one of the healthiest macro trends in FX, even if the CAD is looking to challenge that status by making further strides from a technical perspective, as the index just broke out a key ... (full story)
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- Sep 11, 2019 4:22am Sep 11, 2019 4:22am
- NotAtrader
- Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 3545 Comments
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- Sep 11, 2019 8:35am Sep 11, 2019 8:35am
- cogs
- | Joined Jul 2010 | Status: Member | 221 Comments
My comments are not to be taken as trading advice, not a financial advisor