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Spread Betting Video Considering EUR/USD After Confusing Bernanke Testimony

With spread betting client sentiment looking more confused following Bernanke’s testimony to Congress, Michael Hewson and Nick Dale-Lace discuss the latest moves in FX markets.

  • Bernanke’s testimony causing confusion among clients
  • EUR/USD rising despite negative European news including poor German sentiment and Spanish corruption allegations
  • GBP/USD sees Carney change MPC voting pattern to a 9-0 vote to hold asset purchases
  • EUR/GBP seeing bearish signals given ECB and BoE forward guidance

 

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Video content by Michael Hewson of CMC Markets

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