The key talking point on the desk today is what exactly is going on with the USD and whether it is time to get back into longs. I have been bullish on the USD...

Chris Weston

Pepperstone

The key talking point on the desk today is what exactly is going on with the USD and whether it is time to get back into longs. I have been bullish on the USD lately, but while the longer-term prospects of the USD are strong, there are other forces in play in the short-term which are keeping the USD bulls away. I was looking to work offers into 1.3800 on EUR/USD, but am staying out now until a more compelling bearish technical picture develops and clearly shorting AUD/USD is a no-go and if anything looks set to test 0.9500. (VIEW LINK)


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Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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