EU- Premarket - 14:47:19 (UTC) Sun Apr 26, 2020
The ECB is in focus this week. As they have championed the fact that they are making progress on relief measures. Think about it this, where does this capital go? If the dollar euro in the end in the pound or old appreciating where does the capital girl it will definitely bounce back and forth between the euro but I think the traditional capital outflow will be to gold .
The oncoming recession risk combined with the influx of trillions by the Fed will be the dynamic we play. But looking at the DXY , a break and follow through I don't think is coming. Conviction is lacking significantly.
The oncoming recession risk combined with the influx of trillions by the Fed will be the dynamic we play. But looking at the DXY , a break and follow through I don't think is coming. Conviction is lacking significantly.
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