Calm waters today

Posted by TradingForexProfit | 9:30 PM | | 0 comments »

Taking into consideration the fact that the USA is celebrating Memorial Day, the markets have been very calm today, displaying low volatility in the forex market. 


USDCHF continues to drop, currently trading at 1.0823
GBPUSD is trading between the 1.5850 - 1.5920 area
EURUSD is surprisingly quiet, hovering barely above the 1.40 mark
USDJPY was one currency which displayed some action brought on by the fact that North Korea tested some nuclear missles today 

I have not taken any trades today, because of the low volatility in the market, and because i didn't see any reasonable opportonity to go long or short in any currency pair

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