Lower trading volume expected on Thanksgiving day [Video]

Kiana Danial, CFP Invest Diva

It’s the Thanksgiving Day holiday here in the US, so you may notice lower trading volume especially in the USD crosses. But just to give us a wild sendoff to the holiday, the USD saw sharp declines on Wednesday, touching its lowest level in more than a month against the Japanese yen and the Swiss franc after the release of weaker-than-expected U.S. data and inflation expectations. On the economic calendar today, we have PMI data out of France, Germany, and the Eurozone between 8-9 AM GMT. at 9:30, UK’s GDP for Q3 will be out, expected to remain unchanged at 1.5% on a YoY basis. At 12:30 PM, ECB account of the monetary policy meeting will take place, and then, SNB's Thomas Jordan Speaks in Basel at 4:30 PM. Finally, New Zealand’s Trade Balance (OCT) is out at 9:45 PM GMT to end the trading day. Thanks for watching, invest responsibly, and I wish you the best of luck making pips by trading forex.

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Kiana Danial, CFP

Invest Diva

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert.

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