A drop in forex market volatility expectations suggests that currency moves may slow in the week ahead, limiting optimism on volatility-friendly Breakout and Momentum strategies.
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DailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from FXCM.
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Forex Correlations (August): How Do Currencies Trade In Relation To Each Other?
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Forex markets were locked in uneasy consolidation in overnight trade as traders digested Fridays mixed reaction to the US jobs report, with little ahead between now and Tuesdays FOMC announcement to offer greater clarity.
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Interested in building your own SSI-based strategy? Request SSI data on our forex forum . Choppy U.S. dollar price action has led to mixed Forex trading crowd sentiment, moderating our conviction in calling for further USD weakness.
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