Trading the news in a simple way. Part 2.

Hi there!

In today’s article I will continue talking about trading around the major news announcements. As you remember from the previous article, reading market sentiment is more important for a short-term trader rather than trying to analyze long-term fundamentals.

Now, as I’m writing this article, it’s 2 hours left before the ECB interest rate decision. What about the current price action? We see that it grows…

 

 

 

 

How do you think – why a price of a currency pair (an asset) grows in a face of uncertainty?

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