As the markets remain consumed with tapering fears, forex markets are seeing US dollar weakness against the euro and the pound as the European recovery continues.
Michael Hewson’s trading video considers:
- EUR/USD – weekly close above $1.3410 could target $1.3750
- US Bonds – is the recent rise in bond yields overstated and will Fed minutes show concern?
- USD/CAD – potential for Canadian dollar losses if retail sales disappoint
Spread Betting & CFD trading carry a high level of risk to your capital and you can lose more than your initial deposit. Only speculate with money that you can afford to lose. These trading products may not be suitable for all investors so seek independent advice.
Video content by Michael Hewson of CMC Markets.
Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.