Watching the Yen, Pound and Dollar on BoJ, BoE and Risk
The biggest confluence of scheduled event risk in months is finally at hand, and the potential for volatility has the markets on edge. With a primed technical backdrop and serious event risk, the trading potential for the FX and capital markets is palpable. In today's video, we look at the fundamental considerations and trading scenarios to the Bank of Japan (BoJ) rate decision, Bank of England (BoE) rate decision, European Central Bank (ECB) rate decision, and the important balance between stimulus and sentiment trends.
Market conditions change, and our strategy should reflect those changes. We have coded the DailyFX-Plus strategies for Breakout, Range and Momentum to adapt to these market shifts.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.