The Euro and Japanese Yen are undervalued based on PPP
Marc Chandler, Chief Strategist of Bannockburn Global Forex, talks with Blake Morrow to discuss the #forex market ahead of the key central bank meetings from the FOMC, Bank of England, Bank of Japan, Norges Central Banks, Swiss National Bank and the Riksbank. He gives his views of which banks will hike, and which ones will hold rates steady and why they will.
More importantly, how he feels their respective currencies will move as well.
Marc also discusses his views on Purchasing Power Parity, and why he feels that the EUR and JPY are undervalued against the US Dollar on this valuation.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #MarcChandler #macro #Euro #Yen
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.