Thursday, March 31, 2016

Forex Forecast: EM FX in a sweet spot

The technicals for USD/INR and USD/BRL are much more interesting than FX majors, notes Eddie Tofpik, Head of FX for ADM Investor Services, as he offers the outlook for AUD/USD, USD/INR, and USD/BRL, in today's Forex Forecast, joined by Zak Mir, Technical Analyst at ZaksTradersCafe.Key Points:"Major currencies aren't necessarily that interesting. Extractive and emerging countries more interesting""AUD/USD reverse head and shoulders which has carried on, not far from new territory, target of 0.7835 area, looks likely to happen.

Forex Forecast: EM FX in a sweet spot Rating: 4.5 Posted by: Unknown


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