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market still be quiet now, what happen ?
is many market participant waiting for FED interest rate announcement or another news ?
yes. all people were waiting the news, I think.
Quote:
The Fed Cuts 50bps But Can Rates And Recession Turn The Dollar?
The markets were prepared for the 50 bp rate cut from the Federal Reserve today; but can further easing turn the dollar’s three-month and multi-thousand point trend? Realistically, the currency’s aggressive appreciation over the past few months has come despite normal policy easing, a surprise rate cut and other actions aimed at flooding the global system with dollars.
i was closed my short at GJ and took around 100 pips, then i short for GJ but still floating loss. i sell it from 159.55, maybe i can hold it till US session, but i get worry cause i get info if Nikkey will going to holiday at monday in next week.
i think GJ trend is up for next week, but we just can wait and see now. BOJ have cut their rates become 0.3 % but, i still see if JPY still strong again major.
btw : anyone here have trading using ****** phone ?
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