Forex news for Asia trading Tuesday, November 29, 2016.
A snapshot of other markets:
Apart from the USDJPY which had a 63 pip trading range, the other major currency pairs were confined to narrow trading ranges in the Asian Pacific session. As examples, the EURUSD range was 33 pips. The GBPUSD…31 pips. The AUDUSD… 39 pips. The NZDUSD… 20 pips Even the USDCAD had a narrow 36 pip trading range even though Bank of Canada’s Governor Poloz gave a speech, answered questions and then had a press conference. The good news for traders coming in the European and London session, you have a clean slate for which to draw a bullish or bearish bias…perhaps. There is room to roam. So get at it and run….