Human error in the forex market is common and often leads to familiar trading mistakes. These trading mistakes crop up particularl...Markets anticipate another cut from the Swiss National Bankeconomic projections in the rear view mirror, markets will be looking ahead to more central bank activity when the Australian, Swiss and UK central banks meet this week to decide monetary policy. In addition, UK and Japanese inflation prints will be scrutinized for differing reasons.
Cable had a volatile week, driven almost entirely by top tier US data . The welcomed inflation data on Wednesday and subsequent rise in the pair was pulled back a few hours later with more hawkish revisions to the inflation outlook. Since then FX markets have prioritized the hawkish projections over the encouraging inflation data – the reverse of what has been seen in the US stock market as major indices achieved new all time highs.
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