Hello traders,
I’m spending my Saturday afternoon working away on projects and thoughts I’d do a quick video on the weeks moves. I know that yesterday was Halloween and I cant help but think that for some traders it really was a horror show yesterday when they saw what happened to markets! Were they treated or were they tricked by the markets?!? 😉
We all suspected that Yellen would stop QE and re-assure people on rates but I wonder how many people realised a) how the Japanese would respond and b) what impact that would have on markets?
With UK, EU & US data out on Thursday and Friday I reckon that there’ll be a few quiet days next week as analysts and traders sit around scratching their head wondering what happens next.
I’ll do an FX update in the next few days.
Trade well!
Paul
November 1, 2014
FXTrader Paul, Gold, Indices Trading, Trading