Forex: EURUSD Bounce Feeble, Real Move Comes with US Traders’ Return
Hurricane Sandy's reach has stretched beyond the flooding and wind damage caused through the Northeast United States. Global capital markets reflect the absence of a critical component of the global speculative cadre with tepid volume and Forex volatility levels slumping back to five-year lows. In today's video, we review the tentative setups from pairs like EURUSD, AUDUSD, and USDJPY among others along with how different the outcome can be depending on how speculative trends shape the US market's return to the ring Wednesday.
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Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.