Sphyn-Trader

EURUSD: Nice entry point!

Long
Sphyn-Trader Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Policy rates are unlikely to have peaked at 3.00%

Largade & Co's decision to not take any immediate steps to address the current financial conditions is viewed positively. The rates and FX markets indicate a conditional path where policy rates are probable to remain below 3.00%. As a result, the EURO is expected to perform well against other currencies and may experience a significant rise due to the FED's pause.
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