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This week, we saw risk appetite snagged as risk aversion ended the week with an exclamation. Once again, the euro and sterling lost the most to the yen, but even the commodity currencies in the Aussie and Loonie felt the effects of risk aversion to end the week. The USD/JPY is also in a decline but within the context of a possible reversal rally.
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Why BoE is Expected to Ease and ECB is Not http://t.co/cyYEBuWH #fxtalk #forex #ecb #boe
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In short: COT data still shows an overhang in USD-long positions vs EUR, and options traders betting on/hedging against EURUSD strength. Has the US Dollar fallen a lot? Yes. Can it fall further? I think so: http://t.co/GdMozPS9 A MUST For Anyone who Trades FX! Free e-book from BK -Don't Trade Like Tony Montana FX http://t.co/18FLUM4B
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