The US dollar is higher versus the euro as investors eye renewed political turmoil in Italy, where the deputy prime minister called for snap elections a little more than a year into the current coalition government's tenure. The dollar and euro both gained against the British pound as Prime Minister Boris Johnson is seeking ways to extend talks with the European Union about the U.K.'s exit from the union.
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
No comments:
Post a Comment