Bullish Breakout for the Euro

Published on
July 11th, 2019
7 minutes

Bullish Breakout for the Euro

Technical Trader ·
Featuring Dave Floyd

Published on: July 11th, 2019 • Duration: 7 minutes

Despite strong recent economic data , Dave Floyd of Aspen Trading Group believes there is high probability that rate cuts and recession are on the horizon. In this episode, he shares one of the macro indicators reinforcing this view, examines the technical setup for equities and currencies, and explains how rate cuts could be bullish for the S&P 500 and the euro in the short-term. Filmed on July 8, 2019 in Bend, Oregon.