As many USD pairs are heading towards or are already sitting at crucial levels, it is important that we take a minute and determine what effect we are expecting this high impact news to have on the currency. Although news tends to be the cause of volatility and not overall direction, something as significant as a four-year term may possibly have enough impact to put the dollar in its stead for the more near future.
Being vigilant whilst entering any USD based trades is something to be cautious of, alongside appropriate risk management as any unexpected volatility within the market may be enough to negatively affect any over-leveraged accounts.
Being vigilant whilst entering any USD based trades is something to be cautious of, alongside appropriate risk management as any unexpected volatility within the market may be enough to negatively affect any over-leveraged accounts.