Euro Will React to Greek Vote Monday but Traders Looking to Larger Risks |
The FX markets closed the trading week out with significant volatility thanks to event risk in the Greece Confidence Vote, US NFPs and Canadian employment data. Yet, with October's risk-rally flagging and underlying financial concerns similarly stabilizing; a genuine trend remained elusive. Looking ahead to this next week, the docket thins out and the Greek crisis may have been delayed for another few weeks. As such, we look at setups and strategies that will perform well in these conditions (GBPUSD, USDJPY, GBPCAD) as well as take a look at some of the pairs that are positioned for an unexpected return of risk appetite (NZDUSD) or risk aversion (EURUSD, AUDUSD, USDCAD)....
|
Best regards, DailyFX Research Team research@dailyfx.com |