Fixing moves weigh on cable and USD/CAD

Month-end fix strikes again

USD/CAD and cable both made moves of around 40 pips at the London fix. It’s another reminder to be careful around the fix.

I’d expect the moves to fade but I’m reluctant to buy cable in the midst of an 11-day rally.

For bank trade ideas, check out eFX Plus

Products You May Like

Articles You May Like

One-Page Trading Plan Tutorial (free template!) | Forex Trading
🔴 Watch Day Trading Live – September 18, NYSE & NASDAQ Stocks (Live Streaming)
New Forex Trader Wins 1st Trade Following Forex Mentor’s Proven Trading System | Forex Trading 2020
Forexlive European FX News 16 Sep – Risk broadly on, but FOMC looms
NASDAQ closed higher for the 2nd straight day. Dow closes marginally higher

Leave a Reply

Your email address will not be published. Required fields are marked *