01.02.2018 • 13:00 GMT+3
Will an Absence of Catalysts Help Turn AUD/USD, USD/JPY and NZD/USD?
- The presence of high profile event risk can often anchor markets from developing technical or thematic trends due to anticipation
- With the State of the Union and Fed decision passed while the risk trends as yet refuse collapse, Dollar is left adrift
- It is easier to promote a 'path of least resistance' move than it is to push major reversal or extend mature trends