Live Europe Open: Commodity currencies under the cosh



A negative sentiment is creeping in, with commodity currencies dropping across the board. The Canadian dollar was the first to fall alongside oil prices. The Australian dollar did not get any help from Stevens and the kiwi follows suit. The yen did gain some ground but consolidates. The background is a long list of Fed speakers that continued talking about raising rates this year, and maintaining their stance that they are data dependent. The pound looks more stable alongside the Brexit polls. EUR/USD is also extremely stable but the Eurogroup could rock the boat. Live Analysis in the European opening bell. Trade and Follow Forex Crunch Analyst Yohay Elam and share your ideas with him and the whole community! Live weekdays from 7 to 8 am GMT. Forex Crunch is currently written by Yohay Elam. Elam has been into forex trading for over 4 years; he shares the experience that he has and the knowledge that he's accumulated. The blog aims to approach everyone – from savvy economists to newbie traders. Know more about FXStreet Live Video and all videos and analysis: http://www.fxstreet.com/live-video/

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    Duration: 50m 5s

    Rating: 3