Forex Quotes

Market liquidity is deepest during the European session when Asian and North American trading centers overlap with European time zones — about 2 a.m. to noon Eastern time (ET). Markets are also prone to quick price adjustments in the 15 to 30 minutes ahead of major data releases as nearby orders are triggered. [2007] - Mark Galant

a short-term (over the next few hours) trading range may be 20 to 50 pips wide, while a longer-term (over the next few days to weeks) range can be 200 to 400 pips wide. Medium-term traders are normally looking to capture larger relative price movements — say, 50 to 100 pips or more.  [2007] - Mark Galant

Long-term trading in currencies can involve holding positions for weeks, months, and potentially years at a time. Holding positions for that long necessarily involves being exposed to significant short-term volatility that can quickly overwhelm margin trading accounts. Individual margin traders can seek to capture longer-term trends. The key is to hold a small enough position relative to your margin balance that you can withstand volatility of as much as 5 percent or more. [2007] - Mark Galant

Carry trades usually work best in low-volatility environments. Carry trades need to have a significant interest-rate differential between the two currencies (typically more than 2 percent) to make them attractive. [2007] - Mark Galant

Longer-term traders may want to use a wider first target such as 50 or 100 pips , while shorter-term traders may prefer to use the 15-pip target. [2006] - Boris Schlossberg

The highest probability trade will be to pair a strong currency with a weak currency. [2006] - Boris Schlossberg

EUR/GBP is traditionally a very range-bound currency pair. [2006] - Boris Schlossberg

ECB (and the BoE) has a 2% inflation threshold. If inflation is above 2%, they lean towards hawkishness, if it is below 2%, they lean towards neutral or dovishness. [2006] - Boris Schlossberg