The market has its own sentiment

16:24 GMT, by Mark Gavalda, USD No Comments »

The market knows everything and doesn’t care about anything. That is a line one should mark very well and don’t forget today’s price movements either: despite every fact that should weaken the dollar today - two-year yields down, DJI down as well, Oil up a bit - EUR/USD still trades at low of 1.5656 and the bulls intention to break out to the upside was brutally squelched. It’s getting more and more interesting. No matter how long I trade, I learn and experience something new everyday! Gotta love this even on those hard days…

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