FX lessons from a crazy market

17:33CET

What we’ve learned in recent weeks:

   1. The market is uncomfortable holding EUR/USD longs above 1.40 for very long
   2. The market is uncomfortable holding EUR/USD shorts below 1.38 for very long
   3. Any report from an investment bank plays a bigger role in the market that technicals per se
   4. The USD does not have any sex-appeal for the time being
   5. Currency wars are an invention aimed at destabilizing the FX market
   6. Pay no attention to politicians, big speculators rule this market

Posted via email from MT4