26 May 2015
Live EURUSD: I cannot chase Dollar strength here; Brexit, Grexit, BoJ – FXStreet
FXStreet (Barcelona) - Dale Pinkert in the FXStreet Live Analysis Room shares the outlook for USD/JPY, EUR/USD and GBP/USD.
Key Quotes
“Dollar follow through today and yesterday move. USD/JPY is performing an explosive strength today as the US dollar index is extending its gains from last week. However, Dale Pinkert says he cannot chase dollar here as it is getting closer to a potential failure.”
“EUR/USD is falling to test S3 at 1.0880 as the unique currency is under pressure amid Greece deal with IMF fears and a possible Grexit. EUR/JPY rallied back to 134.00 resistance on USD/JPY move; however, the 131.50 continues as a potential objective.”
“GBP/USD looking for lower numbers as investors are looking the developments on the UK EU referendum and the question: Should Britain leave the EU? The answer could mean the Brexit.”
Key Quotes
“Dollar follow through today and yesterday move. USD/JPY is performing an explosive strength today as the US dollar index is extending its gains from last week. However, Dale Pinkert says he cannot chase dollar here as it is getting closer to a potential failure.”
“EUR/USD is falling to test S3 at 1.0880 as the unique currency is under pressure amid Greece deal with IMF fears and a possible Grexit. EUR/JPY rallied back to 134.00 resistance on USD/JPY move; however, the 131.50 continues as a potential objective.”
“GBP/USD looking for lower numbers as investors are looking the developments on the UK EU referendum and the question: Should Britain leave the EU? The answer could mean the Brexit.”