I am new to Fx trading and I am interested to know if you guys flatten your
trades immediately before a relevant CB rates announcement.
For example if you had been short aussie/kiwi up until yesterday,
would you clear your position rather than carry it though the announcement
since the odds were already built into the outcome.
Is this example typical of rate announcements in general.
thanks
John
trades immediately before a relevant CB rates announcement.
For example if you had been short aussie/kiwi up until yesterday,
would you clear your position rather than carry it though the announcement
since the odds were already built into the outcome.
Is this example typical of rate announcements in general.
thanks
John