sentix ASR Essentials 26-2016

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Written by Manfred Hübner | 03 July 2016
Posted in sentix Weekly

The strategic Bias for the EUR-USD FX continues to fall

The negative short-term overreaction continues to subside after the Brexit vote. The sentiment has swung back to neutral. The Strategic Bias for Germany and the Euro-zone continue to tip over – however, for the US, the Bias remains stable. The EUR-USD suffers at the strategic level, as Gold might form a tactical top. Investors focus on crude oil’s seasonal peak.

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