I am not exactly bullish on the dollar with issues that US Special Counsel Mueller has issued a Subpoena for Russia-related documents (lead to potential risk-off sentiment / bearish USD). But there is also a fresh bearish driver for the euro (and the market seems react that way.. so far anyway)
Rational for bearish EUR :
Germany coalition talk over the weekend. Failure to agree could lead to new elections. Wolfgang Kubicki, a member of parliament and deputy leader of the liberal Free Democrats (FDP) said the deadline for decision is on Sunday 6pm (before asian open kah tu?).. and he said kalua nada progress.. “talk will be dead” (no signs of agreement will potentially effect bearish EUR) *potential political concerns
Rational for bearish EUR :
Germany coalition talk over the weekend. Failure to agree could lead to new elections. Wolfgang Kubicki, a member of parliament and deputy leader of the liberal Free Democrats (FDP) said the deadline for decision is on Sunday 6pm (before asian open kah tu?).. and he said kalua nada progress.. “talk will be dead” (no signs of agreement will potentially effect bearish EUR) *potential political concerns
评论:
Euro is bid since London open. I am still bearish on Euro. I just see it as another opportunity to short EURUSD at better price. A break at 1.18200 could invalidate this trading plan
评论:
Theres plenty of analyst that says theres no risk-off panic whatsoever in the market. I personally feel its still too soon to say it. I will wait. 1.18200 still untested
评论:
It was too soon to say the market not worried about this Germany political uncertainty. This trading plan still valid though I am very likely to scratch this off soon. Different day Different context
评论:
Still valid.
评论:
still valid.
订单已取消:
I am not touching this crap. Thanksgiving and FOMC later. I am scratching this off