Is the lack of price movement on the big Dollar-matched pairs primarily due to the election?
I've been looking through the daily charts and it seems that on the E/U, A/U, and U/J pairs, the daily movement from high to low seems to be dominated by days in which price just doesn't move that much. On E/U and A/U that means days with low-to-high movements of 100 pips or less...with the U/J that means days with movements of 50 pips or less.
Is the entire world on hold until after the election?
If so, how do you guys think the market will react is Obama is re-elected? How will it react if Romney is elected?
I've been looking through the daily charts and it seems that on the E/U, A/U, and U/J pairs, the daily movement from high to low seems to be dominated by days in which price just doesn't move that much. On E/U and A/U that means days with low-to-high movements of 100 pips or less...with the U/J that means days with movements of 50 pips or less.
Is the entire world on hold until after the election?
If so, how do you guys think the market will react is Obama is re-elected? How will it react if Romney is elected?