While broad ranges carved out by markets over the previous three months are still standing, a rise in volatility raises the stakes and probability of significant technical breaks in the coming weeks. With the Dow pushing deeper into its recovery, crude oil extending its reversal pattern and GBPUSD clearing its 200-day moving average; momentum may soon follow volatility.
from DailyFX - Feeds all http://bit.ly/2G536zE
via IFTTT
Subscribe to:
Post Comments (Atom)
ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...
No comments:
Post a Comment