Let us look at the relevant data of currency price changes and interest rates to date, which we compiled using a trade-weighted index of the major global currencies:I made no forecast for the month of November, as I thought markets had become too unsettled to look beyond the next few days. I think this was a good call insofar as a forecast in favor of the bullish US Dollar trend at the beginning of the month would have been disastrous.Last week, I made no weekly forecast.
Directional volatility is likely to increase over the coming week as there are more high-impact events scheduledLast week was dominated by relative strength in the British Pound and the New Zealand Dollar, and relative weakness in the US Dollar.
Source: Digital Coin News (digitalcoinnews.net)
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