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GBP/USD and USD/JPY Top the Trade List with Fed, UK, Cyprus, BoJ Risk  Join our daily free Newsletter

MENAFN - DailyFX - 20/03/2013

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The markets will face the culmination of major event risk over the coming 24 hours that can spur serious volatility and potentially revive dormant risk-based trends. Given the attractive technical setups for pairs like GBPUSD, USDJPY, EURUSD and others; the combination of fundamentals and technicals may look particularly tempting. However, this market environment will be more difficult to wield than the simple patterns imply. With a critical Fed decision, UK budget, Cyprus-born Eurozone fears and looming BoJ stimulus wave all on tap; it is important to be prepared for the different scenarios. We discuss this fundamental mix and the trading opportunities in today's video.

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