Is anyone else getting annoyed by the lack of movement in the fx markets? The euro has had a suffocatingly small range of recent, and only the kiwi and yen offering any movement. My opinion is dollar weakness will occur shortly, but until then, the ranges will be tight. You have to be on your toes.
I meant recently, not just today. Cant see what the catalyst will be to shift the market out of the ranges. I think the best play is a USD/CHF short as this seems a good level to sell at. However, CHF will have to get cross deand to strenthen.
Forex is like a snack. It comes up to its prey silently and slowly and snatches it with lightning speedâ¦