As of yesterday’s American trading session, EURUSD defined a relatively narrow price range (some 55 points wide) with abrupt moves amid the FOMC meeting minutes.
There are many traders who think they can trade Forex successfully with ease. Is it really so? The stats show that only 5% to 10% of Forex traders do actually make money in the long run.
Last Monday Mario Draghi, President of the ECB, made a speech in LUISS (Libera Universita Internazionale Degli Studi Sociali). He said that he is determined to ease his stance concerning the dogma that austerity is the only cure for the current European crisis.