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Will the Euro Accelerate Lower or Bounce this Week?
The euro has declined for seven consecutive weeks. This is the longest consecutive losing streak since 1999. Will it accelerate lower or bounce?
Market Conditions
We are at the point of a seasonal shift at the end of the North American summer doldrums characterised by low volume and low volatility. Monday is the Labour Day holiday in the US and Canada, which will drain liquidity from the market. On Tuesday, as investors return, volume and vo…
The euro has declined for seven consecutive weeks. This is the longest consecutive losing streak since 1999. Will it accelerate lower or bounce?
Market Conditions
We are at the point of a seasonal shift at the end of the North American summer doldrums characterised by low volume and low volatility. Monday is the Labour Day holiday in the US and Canada, which will drain liquidity from the market. On Tuesday, as investors return, volume and vo…