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Thoughts from the Trading Trenches

Thoughts from the Trading Trenches

5 Years ago | May 01, 2014 00:00:00

In the May issue:

C’mon ECB, Send Us a Signal?

There was a trader on the GVI Forex forum who often used the term, “bid in an offered market” to describe when a currency trades better bid when it is actually better offered. I would like to think this is the case with the EURUSD, which has confounded most forecasts by holding firm through the first four months although as of this writing it is barely up on the year (+0.6%).

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