Majority of major crosses lack a clear trend - FXStreet

FXStreet (Barcelona) - In the opinion of FXStreet Chief Analyst Valeria Bednarik the majority of major crosses lack a clear trend, and despite the calendar, there are little hopes to see some stronger definitions in the days to come.

Key quotes

"Currencies self strength/weakness is what it matters these days, and Pound along with commodity currencies stand among the strongest, while EUR and USD are on the other side of the spectrum: watch for data to support such and trade accordingly."

"Trading crosses continues to be the preferred choice, particularly EUR/NZD, EUR/CAD, and EUR/AUD."