{"id":57217,"date":"2010-09-22T10:24:38","date_gmt":"2010-09-22T00:24:38","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/09\/22\/eurusd-showing-the-way-forward\/"},"modified":"2010-09-22T10:24:38","modified_gmt":"2010-09-22T00:24:38","slug":"eurusd-showing-the-way-forward","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/09\/22\/eurusd-showing-the-way-forward\/","title":{"rendered":"EUR\/USD Showing The Way Forward?"},"content":{"rendered":"<p>\n\tBy Rudi Filapek-Vandyck<\/p>\n<p>\n\tCurrencies have been at the forefront of market movements throughout the past two years (if not longer) and technical market analysts at Barclays Capital observe it would seem the market is again preparing for, and pushing towards, another period of significant USD weakness.<\/p>\n<p>\n\tGiven the inverse relationship between the USD and risk assets since early 2008, this could be a positive signal for risk assets worldwide.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/EUR-USD_200MA.jpg\" style=\"width: 680px;height: 545px\" \/><\/p>\n<p>\n\tThe analysts report EUR\/USD is essentially still trading within a range, but the fact that recent pressure on the greenback has now pushed the cross above its 200 day moving average leads to expectations of further strength ahead, say the analysts.<\/p>\n<p>\n\tThey point out history suggests the 200 M\/A is a reliable indicator for support and trends. Certainly, the longer the cross manages to stay above the trendline, the stronger support for further advances will become, suggest the analysts.<\/p>\n<p>\n\tAnd that, I think, is where the September story for EUR\/USD and US equities fall in line with each other.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Currencies have been leading other financial markets since early 2008, so positive moves by EUR\/USD could be the harbinger for more positive moves elsewhere.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57217"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=57217"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57217\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=57217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=57217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=57217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}