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Major instruments trading sideways, more important events still ahead

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    General market theme On Friday volatility in the money markets remained elevated on the back of the ECB meeting that really jolted the markets and as we move forward and start this new week we expect more price action. Traders will be changing their focus from the Euro and start wondering how the British Pound and the US Dollar will trade this week as there are 2 important bank meetings scheduled. The Federal Open Market Committee will be meeting in order to decide the US monetary policy,

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