The traders are slowly returning to their desks after end-of-year festive brakes but the Forex markets are still in the holyday mode. Not much action is expected with most pairs trading in a range bound fashion. The Asian session brought some dollar buying and both Euro and Yen were offered.
I decided to buy both Euro and AUD against US dollar as I expect both to keep appreciating until they achieve higher levels attractive enough to short them later in the week. My other ideas for this week is…
I decided to buy both Euro and AUD against US dollar as I expect both to keep appreciating until they achieve higher levels attractive enough to short them later in the week. My other ideas for this week is…