Pairs like AUDUSD and NZDJPY continue a decline that seems to match the sentiment in the financial headlines. Yet, the newswires are exceptionally fickle and the traditional, high-yield pairs are sensitive to other fundamental factors. When assessing the general picture for the broader FX market, we can assess the situation through a single pair: EURUSD. As the world's most liquid currency pair, there is greater fundamental weight and higher requirement for guidance. And, as with the S&P 500, EURUSD has eased but has yet to give the signal for a clear trend. We look at this benchmark and its trade potential in more detail in today's video.
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