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Thoughts from the Trading Trenches

Thoughts from the Trading Trenches

6 Years ago | February 01, 2014 00:00:00

In the February issue:

EURUSD January Effect: Fact or Fiction?

Typically at this time of year the outlook is pretty well set but this year started out with a focus on Fed tapering, signs of a slow economic start and selling pressure on emerging markets creating a risk off sentiment and a run for cover, This saw the EURUSD resist the downside for most of January until succumbing to end of month pressures to end it on a weak note and down 2.1% from the 2013 close. Consensus forecasts, meanwhile, are calling for a weaker EURUSD this year although we saw similar views at this time last year and we all saw

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