Daily thread to exchange ideas and to share your thoughts
Happy Friday, everyone! Hope you're all doing well as we get things going here on the session. It's been a decent start to the day with the pound again looking perky while the dollar is seen struggling against the rest of the major bloc amid weaker yields.
Overall risk sentiment is more tepid as markets continue to try to search for fresh direction to latch on to ever since the FOMC meeting. The issue in the funding market may be something to keep an eye out on if it continues to brew, with the Fed potentially reintroducing QE.
Otherwise, we may be in for a bit more of a choppy end to the week with traders still sticking to the themes from yesterday mostly. I'm all out of trades for the week but let's see what surprise markets will bring before the weekend.
What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.
