The Euro bears are back in town. In a wrap up of the week on Forex TV, I spoke with Julie Sinha about the vulnerability of the Euro, technical levels of major pairs (including the Aussie) and more. Enjoy, and have a great weekend!
Looking at the Spanish bonds gives us a good indicator of what the markets feel about the Euro – yields of 5.40% reflect the highest close to date. This is one of the bad signs.
After a frustrating week of range trading, the pound is likely to break out. Inflation, employment, speeches and more indicators will shake the pound – the currency in focus next week. In the interview I’ve also covered other events next week, as trading becomes thinner towards Christmas.
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