Forex Trading, Free Forex Tools, Forex Investment, Currency Trading, Forex Tips and Resources » High http://www.forextradingexpress.com Free Forex Online Resources, Currency Trading, Forex Trading, Forex Broker, Forex Trading Tutorial, Forex Rates, Currency Trading Tutorial, Forex Trading Training, Forex Converter, Forex Calculator, Forex Charts, Forex Market, Forex Rates, Forex Trader Sat, 27 Mar 2010 13:36:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Dollar Expects High Volatility Today http://www.forextradingexpress.com/forex-tutorial/dollar-expects-high-volatility-today/ http://www.forextradingexpress.com/forex-tutorial/dollar-expects-high-volatility-today/#comments Fri, 27 Nov 2009 14:22:38 +0000 admin http://www.forextradingexpress.com/?p=110 There are several important events coming out of the U.S. and Europe including the German Ifo Business Climate and FOMC Meeting Minutes. These events always provide for extreme market volatility in the major currency pairs.

9:00 GMT: German Ifo Business Climate

• This indicator reflects the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers
• The release of the survey typically creates a volatile trading environment.
• If the results turn out to be lower than forecasts, then the EUR may record a fairly bearish session in today’s trading.

19:00 GMT: FOMC Meeting Minutes

• This meeting is very important as it is very likely to Impact the Dollar volatility.
• Traders are advised to watch closely, as this is likely to set the pace of the dollar going into today’s trading.
• Traders should pay close attention to the market as there is an opportunity for traders to capitalize on the fluctuations which are likely to follow this meeting

source:  forexyard.com

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