Watch out today for Bernanke’s speech at 3.15 GMT, about half an hour. It seems as though he will have very little good to talk about. The markets today don’t expect much. Many commentators are talking 1.35 on the EUR/USD this week.
Today is one of those news trading Fridays. The EUR and USD announcements especially will result in some volatility. Times are GMT +2:
Compliments from Tony El Fata, one of our favourite Forex commentators and writers.
The Forex, Foreign exchange, FX, are all abbreviations for the same thing, the Forex, FX Market. The Forex Market has been around since the day the first currencies were “floated” rather than having a set value as per the Bretton Woods Accord set in place to help stabilize the world’s...