NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
Head of Editorial Content, Saxo Bank
Summary: Today's edition of the Saxo Morning Call features Saxo Bank Head of Commodities Strategy Ole Hansen, Head of FX Strategy John Hardy, and technical analyst Kim Cramer Larsson discussing the contentious Tory conference and its effects on GBP as well as the developing bearish trend in the Dax.