Morning Strategies on Forex Trading Market | 12 Dec

[regrowininvestmentfreetria]

The Indian rupee depriciated by 1 rupee to open at 72.5025, throughout the day swing in the range of 72.6000 and 71.8200 against the US dollar after the surprise exit of RBI governor Urjit Patel with immediate effect. Also, the swings in global crude prices at the backdrop of global financial turmoil amid concerns over US-China trade war has heightened the volatility in the rupee.Moreover, the US dollar has been pressured lower by growing view that the Federal Reserve could pause its rate hike cycle sooner than previously thought. 

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[robert.miner]

I heard that the forex morning strategy on Monday morning always effective...

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