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Pip Diddy

Pip Diddy

Every day, I will present to you my findings and daily commentaries on what recently happened in the economic arena, possible shifts in sentiment, economic events to watch out for, and their effects on currencies.

Articles by Pip Diddy

London Session Forex Recap – Apr. 20, 2016

Oil benchmarks were still down for the day, but they were able to recover some of their losses during the morning London session. This apparently also caused risk sentiment to improve, so the higher-yielding comdolls were able to slap the safe-havens lower.

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London Session Forex Recap – Apr. 18, 2016

The forex calendar for today’s morning London session was pretty sparse, so forex traders turned mainly to commodities for direction. Although some profit-taking was also likely taking place since the Greenback and the yen were in retreat despite the risk-off vibes.

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Doing nothing between the genuine trade opportunities is far more challenging than executing the trades responsible for the bulk of his profits.Amrit Sall