Algo supports high yielders - FXStreet

By FXstreet.com | Updated July 31, 2014 AAA

FXStreet (Łódź) - Speaking with Dale Pinkert at the FXStreet Live Analysis Room Alex Boyd, Head Trader at PoseidonFX.com, suggests that Algo is favoring high yielders.



Key quotes



“NZD/USD is still very bearish.”



“EUR/USD is based on negative rates.”



“Boyd is short EUR/JPY as hedge for risk off.”



Related Forex Analysis
  1. Weekly Forecast: FX Volatility to Persist on Key Data, Rate Decisions
    Forex News

    Weekly Forecast: FX Volatility to Persist on Key Data, Rate Decisions

  2. Session Recap: When money comes from Japan; EUR/USD at 14-month low, USD/JPY 7-year ...
    Forex News

    Session Recap: When money comes from Japan; EUR/USD at 14-month low, USD/JPY 7-year ...

  3. EUR/USD recovery capped at 1.2540
    Forex News

    EUR/USD recovery capped at 1.2540

  4. USD to gain further support, ECB in focus - Commerzbank
    Forex News

    USD to gain further support, ECB in focus - Commerzbank

  5. EUR/USD downtrend set to continue in the coming weeks - UBS
    Forex News

    EUR/USD downtrend set to continue in the coming weeks - UBS

Trading Center