So EUR/USD up... EUR/USD down...
Seriously: is there any particular reason why one should be forcing his brain in trying to understand if and when eventually a rate hike in US will be executed? And even in that case... is there any clear way to trade the event profitably? I personally see no reasons why the US would eventually hike more interest rates anytime soon. 1 year of somehow not bad economic data is definetly not enough after some decade of recession. That's it.
In case there will be soon a rate hike, I will be looking for opportunities to buy anything against dollar.
But most important: I will be WAITING the facts to tell if, when, and what !
Good luck
Seriously: is there any particular reason why one should be forcing his brain in trying to understand if and when eventually a rate hike in US will be executed? And even in that case... is there any clear way to trade the event profitably? I personally see no reasons why the US would eventually hike more interest rates anytime soon. 1 year of somehow not bad economic data is definetly not enough after some decade of recession. That's it.
In case there will be soon a rate hike, I will be looking for opportunities to buy anything against dollar.
But most important: I will be WAITING the facts to tell if, when, and what !
Good luck