Forex Remains Sideways
After the drop of consumer confidence for June in the U.S. and Japanese and British economic data showing a similar picture, the fate of the world economy still remains in the dark. No wonder then that Forex markets remain in the old sideways market we’ve experienced for months. Currently, there is simply no reason to detect some decisive move in the majors against the USD – except the notion that the U.S. will come longer term first out of recession, and suffer inflation first, therefore