Article summary: Widening divergences in interest rate forecasts and the reality that volatility cannot continue to tread levels this low for much longer has traders on edge and looking for opportunity. US Dollar Will Settle for Euro As Recovery Driver in Absence of Volatility The most effective means for leveraging a significant rally from the US Dollar is for a shock to resonate through the global financial system. Yet, hoping for volatility is just that – hope. ...
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US Stocks Make A New High, Euro Defies Reality And The Aussie Rejects The Top Of The Box It's tough to be a bear in US stocks at the moment and equally almost boring to be announcing marginal new highs almost every other day. Such was the case as the Dow and S&P 500 set new all-time closing highs again on Friday. However marginal this new highs might be the reality is that Janet Yellen by saying this week that she didn't believe the data has made a remarkable departure ...
Originally Posted by BrokersMinutes GBP/USD has recently made a strong convincing forex trading online break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs past the 1.7060 levels. Stochastic is also exhibiting a bearish divergence, which indicates forex trading online trend exhaustion. The technical ...
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