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JohnKicklighter

As Market Volatility Settles, EURUSD Gains Traction

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Euro / Dollar AS (FX:EURUSD)  
JohnKicklighter  
FX:EURUSD   Euro / Dollar AS
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EURUSD has pushed through 1.1400 as bulls gain traction amid interest rate doubts for the Fed. The same conditions that waylay a FOMC hike however can also cause problems for this pair. Financial and economic volatility would halt the central bank, but that can also revive demand for a haven - which the Dollar represents in spades. So this volatility (inverse here) slide may not hold out as a catalyst.
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