“Renzi thing was largely baked-in”, says Tony Cross from TopTradr while discussing the outlook for the EUR/USD pair and the GBP/JPY pair and adds, “The thing to watch out now what Draghi says this afternoon”.
Looking at the pure interest rate differential, the EUR/USD should work in the range of parity to 1.05 levels.
A must watch segment for forex traders as cross talks macro and zeroes-in on the EUR/USD and GBP/JPY chart.
Remember: The author is a trader who is subject to all manner of error in judgement. Do your own research, and be prepared to take full responsibility for your own trades.