Contrary to the claims of the ministers of the G7 nations, the US Dollar has been trading in a very tight range for the past month. The contracting Bollinger Bands are an indicator of falling volatility, not great volatility as they claimed.
Showing posts with label G7. Show all posts
Showing posts with label G7. Show all posts
Sunday, April 13, 2008
US Dollar Trading Within TIght Range
Contrary to the claims of the ministers of the G7 nations, the US Dollar has been trading in a very tight range for the past month. The contracting Bollinger Bands are an indicator of falling volatility, not great volatility as they claimed.
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