Hi,
I am bit confused about EUR/USD chart.
If news are good for USD, will chart go up or down?
If news are good for EUR, will chart go up or down?
It’s not easy to answer that
For example If news are too good for US, it maybe boost risk appetite driving the Dollar lower, on the other side it could boost risk aversion.
Right now I think it doesn’t work on euro, if news are too bad, I think euro still gets lower, but this changes accross time and it’s not easy to measure.