Big Volatility Recently...Get Used To It!
Tariff on...tariff off. What a shock wave the Forex markets had last week. Guess what? That may be the norm for a while until all of the cabinet is sworn in. Keep it nimble folks. The longer-term position trader is in for some rough seas ahead. I would say that picking your points and keeping rational expectations is the key to navigating the waters in the months to come.
A wide range trade is likely for the Interest rate market, which will most likely styfle too much Bullish action in the USD. Crude Oil softening should help the USDJPY trend toward the key 150.00 level. And the potential for the EURUSD to hit parity is still very high. If these pan out to hold true it will mean that the DXY will not be the best of indicators for the USD in the months to come. Just FYI.
Good luck this week everyone. And get ready for our private email offering. We have kept it closed for a while, but will be opening it up by quarter end. We have some cool things cooking for you in the months to come. See ya all soon.
Best,
Teddy Kekstadt
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2 周Thank you
Market Analyst | Forex Trader | Investor
2 周Thanks we are ready.