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Haven't seen a NFP day that ended up with 60 pip range for some time.
All this HFT talk and all the banksters avoiding "risky investments" (fraudulent) took volume out of the forex market
Haven't seen a NFP day that ended up with 60 pip range for some time. All this HFT talk and all the banksters avoiding "risky investments" (fraudulent) took volume out of the forex market
And they finished at the middle of the range. Mt even decent profit taking happened
BTW: US DoJ investigating HFT. We shall see some interesting no trading days while it lasts
And they finished at the middle of the range. Mt even decent profit taking happened BTW: US DoJ investigating HFT. We shall see some interesting no trading days while it lasts
That is si typical. The next step : China buying (again) as you said. Dip buying times
That is si typical. The next step : China buying (again) as you said. Dip buying times
Not just because of China
Latest predictions are that FED will hike rates only in June 2015. Whatever Draghi wanted to do with "talking down" the Euro, is nullified with that rumor - that there will be no US rate hikes for a long time. This now is a war of lies not of war of currencies, and for now US is winning in the "I want to be weaker" war
China is already No economically. With a prediction that India will reach it in 3 years, the world is changing completely. And it is a sound assumption that $ is not going to be what it was in the past. It is just a matter of time when it will be replaced with a basket of currencies and then the trading will be much, much different than today
China is already No economically. With a prediction that India will reach it in 3 years, the world is changing completely. And it is a sound assumption that $ is not going to be what it was in the past. It is just a matter of time when it will be replaced with a basket of currencies and then the trading will be much, much different than today
We are closing to dollar free economy. Once when that happens it will be interesting to see the reactions of politicians
The usual ratios before the official market open :
We are closing to dollar free economy. Once when that happens it will be interesting to see the reactions of politicians
They are already reacting : they changed the limits on individual campaign contributions
What do you think what will they do for the money they get to be elected?
Opening price : 1.3697. Almost no gap at all
And we are making new record 13 pips range in the Asian session
Judging from that volume must have been at least 100 dollars 