Market Comment:
USD pairs are either near their central pivot for the day, or they have already been pro-USD traded on towards the range limit for the day; not all the way there, but towards it.
The next USD high impact release is in 1.5 hours, and the London session is closed now. Trading activity has dropped off substantially. It could be that no matter this coming release, maybe the day is substantially over with. Tomorrow contains multiple USD high impact releases, so it is not a question of "if" more price movement, just "when".
Regards,
-tah
USD pairs are either near their central pivot for the day, or they have already been pro-USD traded on towards the range limit for the day; not all the way there, but towards it.
The next USD high impact release is in 1.5 hours, and the London session is closed now. Trading activity has dropped off substantially. It could be that no matter this coming release, maybe the day is substantially over with. Tomorrow contains multiple USD high impact releases, so it is not a question of "if" more price movement, just "when".
Regards,
-tah