New to Forex trading, have a doubt abt today's market, any helpers??

#1
At abt 13:30 IST German Ifo Business Climate Index was released showing negative sentiments. I expected the EUR/USD to dip from its level of 1.3602 at 13:30 however it increased to 1.3625(nw at 14:30). can someone tell me why a negetive German Ifo Business climate Index made traders buy Euro when they should be buying dollars???
Thanks for ur replies!
 

Hulu Girl

Active Member
#5
Right, Market is not stable and not everytime we can predict it correct but you can analysis the market so that you can get the right entry and exit.
 
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