Let’s Not Pretend Otherwise: Only One Thing Matters for EUR/USD This Week

EUR/USD has been moving steadily higher, but it has nothing to do with improved European economic data, higher inflation expectations, or receding Fed rate hike expectations. Instead, the only legitimate reason one can point to EUR/USD’s rally – and the decline in the US Dollar generally – is the risking political risk premium thanks to US elections.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2016/11/06/Lets-Not-Pretend-Otherwise-Only-One-Thing-Matters-for-EURUSD-this-Week.html?DFXfeeds=forex:fundamental:forecast:weekly:eur