We can expect the volaility of recent days to stay with us at least until the Fed’s November meeting and the G20 on November 10/11 in Seoul.
USD/JPY again held above 80.80, giving the bulls out there some hope, and there were reports that Kampo was buying on dips. EUR/USD has bounced back unbelievably strongly and when the market ignores bad news or comments, then you know you are in a bull market.
Pick a wide trading range and you’ll probably see the extremes.
Good luck today.
