Ivansky indicated that the current downward pressure on EUR/USD is due to "safe habor" flows of capital, fleeing other instruments and buying USD.
I am not saying that that is not partially the case for the gains USD has made lately.
However, I would like to propose a question for Iv, and anyone else who cares to chime in:
If this "safe harbor flow" of capital into the USD scenario is so... why would it not continue, sending EUR/USD down 100s of more points?
DrawDown
1.2517
I am not saying that that is not partially the case for the gains USD has made lately.
However, I would like to propose a question for Iv, and anyone else who cares to chime in:
If this "safe harbor flow" of capital into the USD scenario is so... why would it not continue, sending EUR/USD down 100s of more points?
DrawDown
1.2517