News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Trading Euro and Pound with ECB, BoE and Holiday Conditions

Trading Euro and Pound with ECB, BoE and Holiday Conditions

John Kicklighter, Chief Strategist

The next 24 hours can prove very volatile, but don't look for new trends to develop for EURUSD, USDJPY and global equities. In the upcoming session we expect the European Central Bank (ECB) and Bank of England (BoE) rate decision. Though few changes have resulted from these policy gatherings over the past six months, there is higher risk that both the central banks and market will react this time around. However, even if these events prove market-moving; we must be selective with our setups. With US speculators offline for the Independence Day holiday and fear that Friday's NFPs will stoke Taper forecasts, trading in the final 48 hours of this week can be treacherous. We discuss these important themes and the trade setups in today's video.

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.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.