The pound is still suffering from the Boris blow and uncertainty about the UK’s EU membership remains high. After a positive market mood helping commodity currencies and hurting the euro, we are seeing a correction and a slightly worse market mood, but this seems like a correction or a dead cat bounce for EUR/USD. The focus shifts to the double feature in US events: consumer confidence and existing home sales. Will the winning streak continue?
Wrap up of the morning show for February 23rd 2016:
