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Bank Flows Light As we begin the holiday season we continue to see volatile swings as more economic data is released and persistent uncertainty about the global economy. The Bank Flows remain light and liquidity has not returned to a normal level. On Friday of this week we have US Non Farm Pay Rolls and…
Market Movement Yesterday we posted two buy levels on the GBP/USD and EUR/USD. The EUR missed the mark by 10 pips or so. However, the GBP had a solid spike into the 1.4725 buy level. We have now seen a push all the way into the 1.5050’s for a total move of about 325 pips.…
Bank Flow Data Remains Thin Over the past few months, since August, the global economy has created a volatile trading environment. Bank Flow data has remained thin as we faced uncertain market conditions. With the US elections behind us, the hope is that the markets will settle somewhat and we can return to a more…