The UK and US markets are off today - Forex News by FX Leaders

The UK and US markets are off today

Posted Monday, May 30, 2016 by
Skerdian Meta • 1 min read

Today is the Spring bank holiday in the UK and Memorial day in the US so these markets are closed. This leaves the forex market with almost zero liquidity and not much movement. So, the range today has been very tight in most majors. Apart from a decent move in JPY pairs during the Tokyo session the other pairs have only moved 20-30 pips the whole day today. We had a winning signal this morning but with this sort of price action we don´t expect te get any other trading opportunities. 

NZD/USD has only moved 26 pips today

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