Forex Flash: EUR/USD & USD/JPY break psychological barriers – Societe Generale
FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that both EURUSD and USDJPY have broken psychological barriers today.
He writes, "With US data (ADP, GDP) and the FOMC likely to leave an impression of economic recovery combined with monetary policy largesse, the 'risk-on' mood should persist at least outside Europe."
He writes, "With US data (ADP, GDP) and the FOMC likely to leave an impression of economic recovery combined with monetary policy largesse, the 'risk-on' mood should persist at least outside Europe."
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