Forex Focus - November 11, 2024 - Why Euro-Aussie Pairs Demand Your Attention

The tastylive network

Frank Kaberna and Pete Mulmat discussed the recent post-election market movements and dollar rally. The Euro pressured as its range narrowed, reflecting reduced volatility and trading opportunities. They noted significant volatility in currency markets, especially in pairs like Euro and Aussie, amidst moves in interest rates and equities. Despite data releases like CPI/PPI possibly influencing markets, broader trends like dollar strength and bond yield normalization remain more impactful. They advised traders to adapt to more dynamic ranges and take advantage of two-sided volatility.