oussama94
05-29-2017, 00:33
For the more risk-tolerant traders, GBP/USD, USD/CHF, GBP/JPY, and
GBP/CHF are good choices for day traders since the daily ranges average
about 120 pips. (See Figure 5.2.) Trading activities in these currency pairs
are particularly active because these transactions directly involve the U.S.
dollar. When the U.S. equity and bond markets are **** during the U.S.
session, foreign investors have to convert their domestic currency, such
as the Japanese yen, the euro, and the Swiss franc, into dollar-dominated
assets in order to carry out their transactions. With the market overlap,
GBP/JPY and GBP/CHF have the widest daily ranges.
GBP/CHF are good choices for day traders since the daily ranges average
about 120 pips. (See Figure 5.2.) Trading activities in these currency pairs
are particularly active because these transactions directly involve the U.S.
dollar. When the U.S. equity and bond markets are **** during the U.S.
session, foreign investors have to convert their domestic currency, such
as the Japanese yen, the euro, and the Swiss franc, into dollar-dominated
assets in order to carry out their transactions. With the market overlap,
GBP/JPY and GBP/CHF have the widest daily ranges.