Hello guys,
In this video i show my analysis on why i see further weakness on the eur usd pair. The eur has been extremely weak with post brexit uncertainty and also the corona virus effect. It also doesn't help that trump has made America "great again' meaning economically impressive numbers are coming out of the us and example being last weeks nfp numbers. This points of weakness and the fact that Powell will testify on Wednesday and his comments are expected to be hawkish will further drive down the eur. Be careful of Fridays retail sales numbers coming out of the us, they are likely to be weak which will give the eur some strength. Overall eur is weak and its only good for shorts from an investors point of view.
In this video i show my analysis on why i see further weakness on the eur usd pair. The eur has been extremely weak with post brexit uncertainty and also the corona virus effect. It also doesn't help that trump has made America "great again' meaning economically impressive numbers are coming out of the us and example being last weeks nfp numbers. This points of weakness and the fact that Powell will testify on Wednesday and his comments are expected to be hawkish will further drive down the eur. Be careful of Fridays retail sales numbers coming out of the us, they are likely to be weak which will give the eur some strength. Overall eur is weak and its only good for shorts from an investors point of view.