EURUSD Presents the Most Speculatively and Fundamentally Ripe Pair for Reversal (Quick...

EURUSD Presents the Most Speculatively and Fundamentally Ripe Pair for Reversal (Quick Takes Video)

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Talking Points:

• The Fed’s consensus forecast for another hike in 2017 and start of the QE wind down draws explicit attention to EURUSD
• Despite the Fed’s tangible progress in tightening and the ECB’s dovish course setting, EURUSD has rallied through 2017
• Speculation favoring an eventual ECB move and discounting the Fed’s rising yields is clear in extreme COT positioning

How have retail traders changed their positioning in EURUSD, the Dollar-based majors and US equity indexes following the Fed rate decision? Visit our DailyFX Sentiment page to find out. (https://www.dailyfx.com/webinars?ref-author=Kicklighter)

Read the full article here:
https://www.dailyfx.com/forex/video/live_events/2017/09/21/EURUSD-Speculatively-and-Fundamentally-Ripe-for-Reversal.html

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@JohnKicklighter

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