Santa Says Take a Break from the Forex Markets. It’s Christmas After All.
December 23, 2011
Not much movement is expected on the last trading day before Christmas. Although the major currencies and the stock markets all appeared to be stuck in ranges, the oil prices continued to climb. What are they trying to tell us? Things are looking good all of a sudden? I guess we’ll find out after the holidays.
If you don’t have any positions in the markets now, good for you. Enjoy the holidays with no worries. But if you do, let’s hope SNB or BOJ won’t make any crazy move right before Christmas eve.
