Now that the French elections are behind us, I do believe that the euro "buying-spree" will fade. Clearly, there are plenty of obstacles ahead and things can change overnight. However, the difference between the monetary policy implemented by the FED and the ECB will remain firmly in place. The ECB will keep on easing while the FED is looking to tighten further.
Hence, I prefer to remain bearish in EURUSD. Since the short trade in EURUSD might be overcrowded, I don't expect the move towards lowe…
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