It is not common such a quiet session after an FED meeting such as Thursday, apart from an initial positive momentum that began to be nullified at lunchtime entry, the day had little history and less volatility, most likely because the move will be saved for the last session of the week, as it is quadruple witching, when stock index futures, stock index options, stock options, and single stock futures expire.
But while volatility may increase, especially around the last two hours of the session, it is not expected that there will be large variations in the indices, so we will have to wait a few days to see how investors react to the FED meeting, because today it also ends the first meeting of the last two months, held between the US and China delegations to try to resolve the current trade conflict.
Photo by Yiran Ding.
Marco Silva is a Financial Market Specialist with 20 years of experience, with transactions in 12 different countries, involving numerous financial instruments, Specialist in Technical Analysis, Capital Manager, Investment Advisor, Financial Hedging Operations and Algorithm trading developer. Economic Commentator TV and RTP Information for the Financial Markets, Responsible for the Department of Economy / Markets of TVL.
© 2019 High Leverage FX - All Rights Reserved.
© 2019 High Leverage FX - All Rights Reserved.