Sell Euro Rallies!
Sell Euro Rallies!
Richard Matthews from One.io sits down with Blake Morrow to discuss how the markets are reading the PMI data today and why the market moved with US Dollar weakness despite the weak reading on the Eurozone and UK PMI’s today. He thinks the market is in “summer scalping” mode but wants to continue to sell EURUSD currency pair on rallies.
Richard also gives us his thoughts on the Jackson Hole Symposium this weekend and he thinks Christine Lagarde from the European Central Bank will continue to be dovish as the Eurozone grapples with growth issues.
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