The near-term recovery in crude appears to be sputtering ahead of September-high ($52.83), with oil prices at risk of facing range-bound conditions.
Policy remains ultra-loose in Japan, and that’s unlikely to change anytime soon. But – there are other risks to continued Yen weakness, and these are factors that traders will likely want to keep an eye on.
British Pound trading was confused and disorderly over the past week and is likely to remain so in the coming week as event risk looms.
We discussed various topics including trading psychology, risk management, trade execution, as well as others...
There are only a few ‘high’ rated events on the economic calendar this week, with the bulk of event risk emanating from the United States.