In a chat with Dale Pinkert of FXstreet’s Live Analysis Room, we discussed the various currency pairs: the directionless EUR/USD, the pound’s pause after nice rise, the contradicting lines in USD/JPY and quite a few other currency pairs, discussing both technical trend lines and fundamental events.
We also touched on the current political stand-off in the US. While most analysts including myself think that politicians will cut a deal at the 11th hour as they always do, Dale had a different and very interesting observation about the political situation. How will the dollar react to a scenario of a technical default? Here’s the video of the chat:
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