Forex Webinar: Fundamental Forecast - Front-Loaded Event Risk and Quick Liquidity Drain
• The US holiday Thursday will significantly hamper trading conditions in the global market
• Seasonal studies suggest November is a very low volume and strong 'risk on' month - the former looks true
• Data is heavy in the first 72 hours of trade this week, but it will be raging against an inevitable dusk
Find out what live events and webinars are scheduled this week with the DailyFX Live Webinar Calendar!
Chief Strategist John Kicklighter discusses the top Forex fundamental themes for the coming week of trading. We will have to look higher than simple data releases and even major themes this week. It will be substantially more difficult to translate fundamentals into price action because of the expected swing in liquidity coming up. There is a major US holiday scheduled Thursday; and historically, it tends to deflate global markets. That makes for a very hard breaking on otherwise active markets. Will emerging trends and a propensity to volatility be fully restrained this week? We discuss this dichotomy in this week's fundamental webinar.
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.