EUR/USD bid in rosk-off markets - ANZ

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Brian Martin, ANZ research, explained that EUR/USD has succumbed to extended market volatility and spiked higher.

    Key Quotes:

    "As long as risk assets remain under pressure, this may continue.

    A quick glance at the euro area’s “twin surplus” explains why the euro is benefiting in this environment.

    The economic climate has not deteriorated to any degree like the financial climate has and if it remains resilient; the USD should recover in time."
    For more information, read our latest forex news.

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