“It’s not because things are difficult that we dare not venture. It’s because we dare not venture that they are difficult.”
– Seneca
As we have already discussed, short-term, it’s all about this address to the joint session of Congress. Focus will be of positioning and squaring into and post the session taking place during the o/n session. Could be sporty to say the least…
On the currency side, apart from the the general DXY dynamics, we remain focused on GBP and BREXIT implications.
You think GBP action remains fairly heavy?
that’s the theme… no change for now.