Trading Mid-Day Update (06/09)
During today’s Currency Call, Gim Hong highlighted that the Bank of Canada’s monetary policy meeting today is most likely going to be uneventful since the central bank has just cut back on quantitative easing (QE) just 1.5 months ago. Nonetheless, pay attention to any discussion on future QE tapering.
Scott highlighted that the U.S. dollar index continues to hold above the 90 level. At the moment, the market is waiting for the release of the U.S. CPI data tomorrow at 2030 (GMT+8). Wait for the release of the CPI data and see how the market react to the data before looking for trading opportunities.
Jin highlighted that there has not been a clear direction in price movement across the board for the past few days, probably due to the market setting up for some big moves.
During the day, GBP/USD strengthened.
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더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.