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Forex news biggest movers
more well-researched write-up that you can read here, the Swissy appears to be dancing in tandem with the. But if youre not interested, then the short of it is that expectations were high that the BOC would sound a bit more worried, particularly with regard to inflation and wage growth. Now that we know which news events and currency pairs to trade, lets take a look at some approaches to trading the news). Also, many Greenback pairs were actually trading sideways for the week, with the exception of USD/CAD, GBP/USD, and NZD/USD. And it was just downhill for the euro from there. Also worth noting is that the Swissy usually took ground from the euro during the London session, so the prevalence of risk aversion in Europe this week likely gave the Swissy the edge it needed to win out against the euro. After sliding lower, the euros price action became a mess on Wednesday, although the euro did find a few sellers when ECB Overlord Draghi gave a speech, likely because Draghi reminded the market that there were still problem areas in the Euro Zone (emphasis mine. The pound found even more sellers in the wake. And against the yen, the Greenback barely eked out a win. The reason is that the.S. The pound then traded mostly sideways after that before encountering fresh sellers when the second estimate for the.K.s Q1 GDP was released.
And as I noted in Wednesdays morning London session recap, this was rather strange because risk aversion prevailed at the forex dalam bahasa malaysia maksud races time and commodities were mostly lower to boot, including iron ore. When our economic guru, forex, gump is in a good mood, he usually releases an article on upcoming news reports that you can play and with trade strategies to boot! D W, m 1, nzdusd.6722.6709.19 2, eurusd.1236.1217.17 3, usdchf.0095.14 4, audusd.7182.7173.13 5, usdcad.3233.12. Remember, because they have the most liquidity, majors pairs usually have the tightest spreads. Fonterras report and, new Zealands upbeat trade report. As for the second instance of uniform price action, that was apparently as a reaction to the fomc minutes. The first was when the Greenback strengthened on Tuesday until Wednesdays Asian session.
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