up to 2 hours. If your fundamental reasoning and technical analysis fail and the markets reaction to the news doesnt match your expectations, do not go against the market.
The US dollar ended the past trading week mixed, gaining on some currencies and falling versus others. If market participants expect the data to exceed the consensus forecast, they will take this into consideration. Thats why many traders prefer to wait for the dust to settle (they dont rush into the trade right after the announcement) and trade when they grasp a better idea of the effect the release has produced. Volatility spikes during these periods and prices may move in a disorderly fashion.
BNP Paribas experts, on the other hand, expect a more complex dynamics for the pair. However, the unemployment rate increased more than expected (from.7.9 that's why there was such volatile and contradictory reaction in EUR/USD). The bigger the divergence between the actual and the forecast number, the bigger is the impact on the market. The forecast is a so-called consensus forecast or, in other words, the median of estimates from a number of experts, market analysts who have been polled prior to the publication of a particular release. Analysts of the Dutch Rabobank stated that the EUR/USD is currently undervalued by about 11, and, therefore, by mid-2018, the pair EUR/USD may rise to the level.25. This way you will be able to benefit on the markets reversal after some initial swing. The two banks both forecast that US inflation would actually rise next year and this will negatively affect the additional return on inflation offered by US bonds. Its structure is simple. According to most analysts, this move will be supported by the backdrop of easing Brexit risks and stunted US inflation. Another factor that would play a huge role in the weakness of the dollar is subdued inflation in the.
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