Yesterday EU down 220 pips, although interest rate up to 4,25% and bad news for US, it was difficult to understood for many traders, we did not understand too, why did happen? we try to analize and we thought goverment participate in forex market sometimes, so this move called G to G (goverment to goverment), all of the reason G to G change the market move just for restrain oil prices, because oil prices very high yesterday, and it was harmful for industry.
Today we waiting only, short day for trade because today is holliday for US market. We still discuss with many traders for next move prediction, talk about fundamental and technical after big news and the effect from yesterday. You can look that forex market very dangerous, noone knows where will prices move, very carefully with your trade, good luck.
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