April 26, 2010

Forex Markets Range Bound; Traders Await Central Bank News

Overall, the U.S. Dollar traded mixed against the major currencies but held steady through out the day session. The slow volatility stems from the lack of fresh U.S.
economic news and the lack of news regarding Greece and its budget woes. Forex traders were also keeping things tight ahead of the upcoming Bank of Japan meeting and the Reserve Bank of New Zealand
and Federal Reserve meetings on April 28th.