The EURUSD may trade to parity!
Michael Brown, Head of Market Intelligence for Caxton FX talks with Blake Morrow about the expectations of the ECB to hike rates next month and in September and how it won’t be enough to alter the price path of the #EURUSD in the coming months.
Michael also discusses the #GBPUSD weakness and how the EURGBP pair could trade up towards the .8800 level.
Michael also discusses the commodity currencies and their role in this current environment.
//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.