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Forex Market In Need To Break Ranges
It’s been a complete snooze-fest in financial markets with tight contractions in currencies the predominant dynamics in observance of the Memorial day and other domestic festivities around the globe. In the grand scheme of things, equities keep pressing higher as depicted by the new trend highs recorded by the S&P 500 futures, which keeps suppressing the outlook for currency as risk-sensitive as the Yen. In today’s video analysis, I note that the FX market is set to ramp up its depressed levels of vol as normalcy in order flow returns. The first sign that opportunities will be coming back is the resolution of the ... (full story)