Forexlive European FX News 25 Jun – Risk on in afterglow from President Biden’s infrastructure package 0 (0)

European trading session – June 25
Other markets
– FTSE +0.13%
– Euro Stoxx -0.14%
– Italian FTSE +0.13%
– Dax -0.13%
– CAC -0.10%
– Gold – +0.55%
GBP still weak after yesterday’s BoE disappointment and NZD strong on the decent trade balance and employment data . 

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Trading Tip: The power of anticipation 0 (0)

Learning curve, look ahead
One of the stark contrasts I have noticed between retail traders and professional traders is that professional traders are far, far better at anticipation. Now this is a generalisation of course, but the professional trader is often in a trade The retail trader often enters much later/too late.

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UK CBI June retailing reported sales 25 vs 11 expected 0 (0)

UK CBI – June 25
–  18
– Total distributive reported sales 40
– Prior 43
GBP unfazed. I mean if the BoE can’t find a reason to be hawkish, then the GBP is not getting going for anything. Note the reading for this month is not on the chart – it is on the box under ‚actual‘ and

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