The spread is too high to trade it. The volatility of GBPJPY does not pay off. A year or two ago it was good for scalping in the overnight flat, but times are gone.
Commodity currencies should now get support June 25. /Dow Jones/. Commodity currencies should be expected to get more attention, says RBS. The bank believes markets, with more resilient banking sectors that can work out a stronger bias towards growth from the world's soft monetary policy, tend to perform best, or at least start to break the historically high correlation with expectations for global economic growth. "Currency reserve managers are likely to come to the same conclusion and the relatively robust performance of commodity currencies since recent weeks is likely to reflect growing interest," the bank added. (с)
20:41 MARKET TALK: New Zealand and Australian dollar strengthen on risk appetite 22:16 MARKET TALK: Australian dollar trades at highest levels since May 23:01 MARKET TALK: Australian dollar's vigor is surprising 01:31 *Australian export price index in Q2 +16.1% q/q 01:31 *Australian import price index in Q2 +1.9% q/q 02:30 Oil on NYMEX rallied Thursday amid tropical depression and rising stock markets
Levels on the Canadian to tomorrow's Europa, blue supports, orange resistances
Levels on the Canadian to tomorrow's Europa, blue supports, orange resistances
Rustam, are you trading on the biggest accumulations yourself?
more likely no. than yes - I mostly look at the behaviour of the levels somewhere like this
What do you think of GBPCAD?
Information for reflection. Dow Jones tape
Commodity currencies should now get support
June 25. /Dow Jones/. Commodity currencies should be expected to get more attention, says RBS. The bank believes markets, with more resilient banking sectors that can work out a stronger bias towards growth from the world's soft monetary policy, tend to perform best, or at least start to break the historically high correlation with expectations for global economic growth . "Currency reserve managers are likely to come to the same conclusion and the relatively robust performance of commodity currencies since recent weeks is likely to reflect growing interest," the bank added. (с)
"
20:41
MARKET TALK: New Zealand and Australian dollar strengthen on risk appetite
22:16
MARKET TALK: Australian dollar trades at highest levels since May
23:01
MARKET TALK: Australian dollar's vigor is surprising
01:31
*Australian export price index in Q2 +16.1% q/q
01:31
*Australian import price index in Q2 +1.9% q/q
02:30
Oil on NYMEX rallied Thursday amid tropical depression and rising stock markets
Expect further gains.