The risk is on

Posted Monday, April 18, 2016 by
Skerdian Meta • 1 min read

There seems to be wave of risk appetite in the market right now. The risk currencies such as the Commodity Dollars and the British Pound have jumped about 50-60 pips. USD/CAD has declined nearly 200 pips since last night´s highs but that´s mostly due to the petrol price, which hasn´t declined a great deal taking into account the failure of the Doha summit. USD/JPY has gained nearly 80 pips though since this morning which is great for our long term signal that we opened in this pair last night.