Hi,
I'd like to kick off a discussion of the fundamental factors which govern the longer term trend of a major currency pair.
Note: I arbitrarily chose EURUSD as a starting point (I could easily have chosen USDJPY, USDCHF, GBPUSD).
I note that there might be a similar thread already started, but it appears to be in Indonesian, which I cannot read, so this doew
not seem redundant.
I believe that this understanding could be useful in gaining an edge in understanding the longer term trend of say the EURUSD.
First, what factors do you believe are important to consider?
I'll try to kick it off:
a. interest rate differential between the European Bank(ECB) and the Federal Reserve(FED)
b. Dollar strength drives EUR/USD lower
c. FED intervention to weaken the dollar the sends EUR/USD higher
Can anyone add to this list? Maybe we can distill it to a top 10 or top 5.
Where do YOU see the EURUSD headed in the next few weeks/months/year? Why?
As I side topic: What is the best time to trade the EURUSD?
I don't fully understand or even pretend to understand the fundamental reasons. But I hope this opens it up to discussion and
maybe we can all learn something?
Sincerely,
-dtrend
I'd like to kick off a discussion of the fundamental factors which govern the longer term trend of a major currency pair.
Note: I arbitrarily chose EURUSD as a starting point (I could easily have chosen USDJPY, USDCHF, GBPUSD).
I note that there might be a similar thread already started, but it appears to be in Indonesian, which I cannot read, so this doew
not seem redundant.
I believe that this understanding could be useful in gaining an edge in understanding the longer term trend of say the EURUSD.
First, what factors do you believe are important to consider?
I'll try to kick it off:
a. interest rate differential between the European Bank(ECB) and the Federal Reserve(FED)
b. Dollar strength drives EUR/USD lower
c. FED intervention to weaken the dollar the sends EUR/USD higher
Can anyone add to this list? Maybe we can distill it to a top 10 or top 5.
Where do YOU see the EURUSD headed in the next few weeks/months/year? Why?
As I side topic: What is the best time to trade the EURUSD?
I don't fully understand or even pretend to understand the fundamental reasons. But I hope this opens it up to discussion and
maybe we can all learn something?
Sincerely,
-dtrend
Comment