That is profit collecting before Yellen speech at Jackson Hole. Nobody wants to risk some surprise statement (when they are in a bunch, central bankers tend to brag, We shall see what will she do tomorrow)
searchingFX: That is profit collecting before Yellen speech at Jackson Hole. Nobody wants to risk some surprise statement (when they are in a bunch, central bankers tend to brag, We shall see what will she do tomorrow)
Don't forget that Draghi is going to brag tomorrow too
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US Unemployment claims may add some life to EURUSD, but I doubt that there will be too big a change
Seem you were right
This is not even close to significant change. Volume is out of forex again?
Hi, the USD still stronger and i thing it will pull down .
That is profit collecting before Yellen speech at Jackson Hole. Nobody wants to risk some surprise statement (when they are in a bunch, central bankers tend to brag, We shall see what will she do tomorrow)
That is profit collecting before Yellen speech at Jackson Hole. Nobody wants to risk some surprise statement (when they are in a bunch, central bankers tend to brag, We shall see what will she do tomorrow)
Don't forget that Draghi is going to brag tomorrow too
Don't forget that Draghi is going to brag tomorrow too
Forgot about him. But he is a known (we all know what is he going to tell) while Yellen is still a bit of a mystery
)
The GBPUSD has been falling for almost two months now. It is clearly over-extended to the downside and it may try to correct.
Don't forget that Draghi is going to brag tomorrow too
Friday with Yellen and Draghi is going to be interesting, will it break 1.30 let's see.
We already have a heavily oversold market and how much further will we trade to the downside?
Traders decided to wait for Yellen and Draghi at daily open?
Traders decided to wait for Yellen and Draghi at daily open?
Not for now. Wait just before the speech(es) and then the intention will be seen