Assets usually follow the path of least resistance. The shorter-term movements in price is dictated by the current sentiment of the asset, and in the medium to long-term it’s dictated on the macro fundamental bias of the asset.
Your Questions Answered
Due to the increase in volatility and volume and the US & London cash open it’s important times for FX traders to keep track of each day.
Known as “analysis paralysis”, traders commonly can end up questioning how much information is actually needed to make trading decisions. There are ways to manage this…
It’s not only the FED that aims for that 2% but many other central banks around the world do the same and there are a few reasons why.
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