Brenda Kelly, Head Analyst for London Capital Group, joined today’s Tip TV Finance show to discuss three markets – the EUR/USD, FTSE and USD/JPY.
Key points:
EUR/USD:Â Fed rate hike expectations and the clipping of USD net longs suggests that EUR/USD risks a move higher than lower
FTSE:Â The outlook remains bearish, expect some oil related choppiness
USD/JPY: Looks to push higher, but outlook depends on the risk-off developments ahead and BoJ’s stance on further policy easing
