Good morning traders. We’ve already seen big moves in currencies over the past 2 months with the British pound falling 5.5% and the Japanese Yen rising by approximately the same amount but more swings are likely in the coming months.
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Good afternoon traders, New month and new beginning. Last month although it was a good start but it ended in vain as some of my entries went very wrong. I started with the same positions in which I was stuck last month that is GBP/JPY and GBP/USD. The GBP/USD started in a positive node in the previous month later it fell The pair is struggling to go up but due to one or the other odd reason falling back. I hope this month the GBP/USD pair will continue its positive momentum. Good luck to all
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Good morning Traders, As every body has watched, since the beginning of February Yen is shooting up against all the major currencies. We traders have also got significant advantage of the volatile pairs and galloped. It is going to be interesting what action bank of Japan will take if USD/JPY pair goes below 110. Japan export market will have sharp effect which has already shown deterioration Good luck. .
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