The economic calendar is quite light today. The only half decent data pieces today were the New Zealand trade balance in the early hours of the morning and the German business climate. They were both positive but didn´t affect the respective currencies a great deal. Later today we´ll have the Canadian interest rate statement which is expected to remain the same, so the price action today will be prone to technicals and market sentiment.
The positive trade balance numbers only managed to move the NZD by 25 pips
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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