Dip demand likely in USD, Cable bearish below 1.20 - Brenda Kelly

Nov 21, 2016, 12:12 PM

“A short-term pullback in the US dollar could be in the offing”, says Brenda Kelly, Independent Market Strategist while discussing forex markets with Presenter Jenny Hammond and Tip TV’s Zak Mir.

She adds further that dip demand in the US dollar is likely, while the short-run questions will be raised whether the ‘Trump bump’ has been overdone.

Kelly sheds light on the key events for this week and discusses the trade idea of the day - GBP/USD.

Watch this segment to know why the Fed minutes release is a ‘live event’.

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