Ilian Yotov is a longtime FX Strategist, known among industry peers as the creator of The Quarters Theory, a revolutionary methodology applied to the price behavior of currency exchange rates. His FX market analysis, outlook and forecasts are sought by popular financial publications worldwide... More
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Today's All Things Forex Broadcast: Is There Further EUR Weakness To Come? 0 comments
In the broadcast today: Is there Further EUR Weakness to Come? In the aftermath of the uncertain outcome of the Italian election which has raised the prospects of a hung parliament, we examine the factors weighing on the euro and ponder if there might be further weakness to come for the single currency, we analyze the latest trend developments in the EUR/USD currency pair, we continue to monitor the sell-off in the GBP/USD pair, we note the first signs of a corrective pattern in the USD/JPY currency pair, we highlight the market's reaction to the Italian election results, the Fed Chairman's testimony to the Senate, the U.S. Consumer Confidence, Richmond Fed Index and New Home Sales, we discuss new forecasts from Bank of New York-Mellon and UBS, and prepare for the trading session ahead.
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