The euro has broken through, but the big money remains on the other side — three questions will decide the future
A significant portion of the summer dollar’s strength evaporated in two days, despite the fact that most investors were expecting the opposite. However, the rate returned to the key level on Friday, so it remains to be seen whether we have seen a real reversal or just a position-closing wave. We will show you what questions will determine the direction of the rate, and which two levels will reveal the answer.
A significant portion of the summer’s dollar strength evaporated in two days, precisely when most investors were expecting the opposite. However, the rate has already returned to the critical zone by Friday, so it is now uncertain whether we have seen a real reversal or just a position-closing wave. We will show you which questions will determine the direction of the rate, and which two levels will reveal the answer.
