Paris, war and policy divergence

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    In light of the horrific events in France over the weekend, most anticipated a run on risk assets this morning, but in terms of major currencies the response appears moderate. France is the second largest economy in the Eurozone therefore a key determinate for overall Euro demand and while we’re seeing the Euro eyeing near 7-month lows against the dollar, weakness (in part) may also be attributed to if more stimulus is on the cards, and how much. Still, perhaps EURJPY is a better reflection of

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