Daily thread to exchange ideas and to share your thoughts
Happy Friday, everyone! Hope you're all doing well as we approach the holiday season and as markets look to wrap up the year. It's been a quiet start to proceedings so far with tepid movements for the most part across all asset classes. In the currencies space, there is some notable dollar weakness in the past half-hour but it is rather mild so far.
As markets are set to be in a more festive mood, expect thinner liquidity conditions to prevail. Hence, there will be jumpy price action and some irrational market movements so don't over-analyse things over the next week.
What do you think of markets at this point in time? How do you normally go about such trading conditions? Share your thoughts/ideas with the rest of the ForexLive community here.
Anyway, I hope all of you got your Christmas shopping done already by now but in any case, you still have the weekend to do so. I'm certainly going to be in that crowd so fingers crossed there'll still be some good deals left. Oh well. For those who are already enjoying their break, I wish you a Merry Christmas and happy holidays!