Friday 24 March 2017

EUR/USD Holds to Its Head-and-Shoulder’s Boundary, SPX Awaits Its Cue


Talking Points:
  • Event risk was light the past 24 hour session and Fed Chair Yellen decided to leave rate and Dollar views alone
  • A delayed vote on the US healthcare reform adds to concern that other growth-oriented policy will not proceed fluidly
  • Top event risk ahead includes global PMIs, Fed speak and critical meetings (EU, PBoC, OPEC) scheduled after the close

SENTIMENT




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