Euro Fights “Two-Front War” Against Sterling and Swiss Franc

At first glance, Euro looks healthy this week. Dollar is falling, oil prices are collapsing, and risk appetite is roaring back as markets price the possibility of a US-Iran breakthrough and reopening of the Strait of Hormuz. But underneath the broad Dollar selloff, Euro is quietly losing two very important battles — one against Sterling,
The post Euro Fights “Two-Front War” Against Sterling and Swiss Franc appeared first on ActionForex.

At first glance, Euro looks healthy this week. Dollar is falling, oil prices are collapsing, and risk appetite is roaring back as markets price the possibility of a US-Iran breakthrough and reopening of the Strait of Hormuz. But underneath the broad Dollar selloff, Euro is quietly losing two very important battles — one against Sterling, […]

The post Euro Fights “Two-Front War” Against Sterling and Swiss Franc appeared first on ActionForex.

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