As the US session opens as is often the case, what occurs in one is then reversed in another and so it’s a question of hunting out the best trades starting with currency strength indicator. The London forex session was characterized with Japanese yen selling as risk on sentiment continued to ripple through the markets following dovish comments from the FED.
As the US markets got underway yen selling reversed to yen buying with the British pound also reversing following the BOE meeting and associated statement which saw the currency sell off strongly. And to help you identify and track the best trading opportunities we also explain how to isolate out a single currency and also bookmark currency pairs on the currency matrix.
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