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Hello traders,
Usually the start of the month is coming with great expectations and everybody is hoping to get to the top positions as fast as possible. I suppose this month will not give a lot of trading opportunities like June because it will be with less liquidity due to a lot of people going to vacations. As always first week will be interesting due to upcoming NFP release but also there will be FOMC meeting which will give a clue on he next interest rate increase. Currently the USD is in some depreciation mode and I think we'll see some USD sell off on all pairs (up EUR/USD)
Good luck to all
Usually the start of the month is coming with great expectations and everybody is hoping to get to the top positions as fast as possible. I suppose this month will not give a lot of trading opportunities like June because it will be with less liquidity due to a lot of people going to vacations. As always first week will be interesting due to upcoming NFP release but also there will be FOMC meeting which will give a clue on he next interest rate increase. Currently the USD is in some depreciation mode and I think we'll see some USD sell off on all pairs (up EUR/USD)
Good luck to all
