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USD Range Trading. Reserve Bank Of Australia Dovish

USD Range Trading. Reserve Bank Of Australia Dovish

9 Months ago | August 12, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


EURUSD Trading In Ranges Summer markets this year have been unusually thin. The EURUSD pair has been in a rough 1.15 to 1.1650 range with daily price ranges in between excessively choppy due to seasonal illiquidity. The GBPUSD and EURGBP pairs have been volatile as well due to ongoing Brexit discussions and wildly differing wire headlines. Markets should return to near normal liquidity conditions in the second half of August.

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