Boris and Kathy Forex Weekly – 16/1/2017 – Crosses
January 15, 2017 10:40 pm
Boris and Kathy Forex Weekly – 16/1/2017 – Crosses
The first two weeks of the year has been marked by profit taking in the U.S. dollar, U.S. stocks and short Treasury trades. Investors unwound their Trump trades after enjoying strong gains at the end of 2016. As a result the greenback traded lower against all of the major currencies except for sterling, which was kept under pressure by Brexit worries. In the coming week we have a very busy event risk calendar that should provide plenty of trading opportunities.
Boris and Kathy Forex Weekly – 16/1/2017 – Crosses
The first two weeks of the year has been marked by profit taking in the U.S. dollar, U.S. stocks and short Treasury trades. Investors unwound their Trump trades after enjoying strong gains at the end of 2016. As a result the greenback traded lower against all of the major currencies except for sterling, which was kept under pressure by Brexit worries. In the coming week we have a very busy event risk calendar that should provide plenty of trading opportunities.
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