London traders heading to the pubs
The below chart shows the changes from yesterday of the major currency pairs
The GBPUSD, AUDUSD and NZDUSD have moved from 53-56 pips from the closing levels from yesterday.
The problem is this is what those changes looked like as North American traders entered for the trading day:
The changes from earlier today are minimal.
EURUSD -3 pips
GBPUSD -7 pips
USDJPY +10 pips
USDCHF +11 pips
USDCAD -3 pips
AUDUSD -1 pip
NZDUSD -1 pip
So not a lot of meat on the "trading bone" with somewhat random moves.
The crude oil market is also trading in a more confined trading range today with the low to high range at about $1.36.
US stocks are hanging around unchanged levels.
Just one of those days I guess.
Any ideas????
