...and we rolled. A bearish weekly roll in the Euro. We are set for neutral chop until further data.
Euro sitting at bottom of weekly range with RMT as the catalyst for continuation but fed will be nervous to see direction of trump. Risk off, keeping euro* in bid until direction is clear. Trumpenomics will result in inflation but downturn in us economy - same as uk, but itlf his cabinet is tempered then jitters will fade, allowing fed to stay on course.
Euro sitting at bottom of weekly range with RMT as the catalyst for continuation but fed will be nervous to see direction of trump. Risk off, keeping euro* in bid until direction is clear. Trumpenomics will result in inflation but downturn in us economy - same as uk, but itlf his cabinet is tempered then jitters will fade, allowing fed to stay on course.
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