FX markets exposed to three potential surprises - SocGen

FXStreet (Bali) - FX markets are exposed to three potential surprises, notes FX Strategists at Societe Generale.

Key Quotes

"FX markets are exposed to three potential surprises, including, the Fed talking more hawkishly ‘a la Carney’; The US recovery running out of
momentum (again), and the European economy being dragged along to better growth on the US’ coattails. Anything which contradicts the last of these will be a mild negative for the Euro."

EUR/USD making a foothold on 1.36 handle

EUR/USD is trading at 1.3608, up 0.03% on the day, having posted a daily high at 1.3610 and low at 1.3603.
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