EUR/USD weakness returned quickly after a short break. In the weekly interview on Forex TV, I spoke with Julie Sinha about the Euro’s weakness and technical levels, the range of USD/JPY, this week’s events and more. Enjoy!
In addition to the regular events, we have a holiday in the US this week – Thanksgiving. This means that the calendar is crowded until Wednesday, but empty on Thursday and Friday. If we continue getting so many headlines from Ireland, the market will rock on very thin volume. This endangers technical levels. This could be quite a busy holiday.
The situation in Ireland is far from being resolved- the Irish government trying to survive – both coalition and opposition parties are calling for a snap election. As there’s no holiday on that side of the Atlantic, the influx of headlines is likely to continue.
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