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EUR/USD strength likely; USD/JPY – risk-off and central bank

Brenda Kelly,  Head Analyst for London Capital Group, joined today’s Tip TV Finance show to discuss three markets – the EUR/USD, FTSE and USD/JPY.

Key points:

EUR/USD:  Fed rate hike expectations and the clipping of USD net longs suggests that EUR/USD risks a move higher than lower

FTSE:  The outlook remains bearish, expect some oil related choppiness

USD/JPY:  Looks to push higher, but outlook depends on the risk-off developments ahead and BoJ’s stance on further policy easing

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