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The global economy has improved in the last few years, and now the central bankers feel more confident. Besides that, we had a pretty good week for forex.
As we approach the weekend, most investors are likely to settle into their earlier position. Especially considering that the US economy does not have much to offer us today.
Investors are likely to trade the dollar with a bullish bias during the European & US trading sessions before the release of macroeconomic events from the United States.
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A trading journal highlights all your successes and failures. By keeping a journal you can avoid repeating mistakes and increase your performance level.
Hedging strategies consist of going short and long on two positively correlating forex pairs. Man Group uses this forex strategy with great success.
The central banks shift interest rates to help the economy and inflation. These moves have a great impact on the forex market and related currencies.