Are You Ready For The Weekend?

After yesterday’s stellar day of trading, we look forward to a lackluster New York session today. With no major economic numbers being released, we expect the market to catch its breath today. And when you add next week’s FOMC meeting to the mix, we look forward to getting an early start on the weekend.

The EUR/USD has found support at the daily pivot of 1.2601 and there is very little volatility following the New York open. Look for the pair to meander today.