Video: SPX Next Moves Depends on Uneven Risk, Dollar’s on BoE and...

Video: SPX Next Moves Depends on Uneven Risk, Dollar’s on BoE and RBA

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Talking Points:

• The Dollar will start this upcoming week off at critical support with EUR/USD just below 1.1800
• While risk trends will factor into the Greenback’s next phase, relative monetary policy from the BoE and RBA will be key
• Special attention should be afforded to EUR/CHF, Franc pairs, Aussie and Kiwi crosses as well as the VIX this week

How are retail FX traders positioning in EUR/USD, AUD/USD, USD/CAD and other majors as these pairs look on the verge of major breakouts or trend development? See the IG positioning data on the DailyFX Sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

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