Currency trading on the FX market
Even though U.S. markets are closed for the day, there are still things happening in forex trading. Indeed, the FX market is a global market, so there is plenty going on — albeit in a subdued manner.
This morning, risk currencies seem to be doing well. The news that Japan is doing better than expected is helping some risk currencies that are putting off worries about China’s efforts to limit growth. Indeed, with Chinese markets closed this week in observance of the New Year, some risk currencies are taking the chance to advance.
