HI traders,
I want to know the reason of the moves in the market.For example today we see a very strong bearish market and most of the pairs is affected by dolor and I think because the USD was strengthen other pairs was weaken but about 5 hours ago the market changed direction and It seemed that the USD is got weaker and other pairs start to rise.
But how can the market change direction and move strongly?Is that because of any news?
and my other question is with the "Fed Chairman Bernanke Speaks" news .How long does the news affect currencies and is it just released and finished or the speaks last for hours or maybe the reason of the moves in the market is affected by that news yet?
Thanks
I want to know the reason of the moves in the market.For example today we see a very strong bearish market and most of the pairs is affected by dolor and I think because the USD was strengthen other pairs was weaken but about 5 hours ago the market changed direction and It seemed that the USD is got weaker and other pairs start to rise.
But how can the market change direction and move strongly?Is that because of any news?
and my other question is with the "Fed Chairman Bernanke Speaks" news .How long does the news affect currencies and is it just released and finished or the speaks last for hours or maybe the reason of the moves in the market is affected by that news yet?
Thanks