It’s difficult to predict whether the market will be volatile or not. Keep your eye on the market analysis and the latest news. This is the only way to gauge the conditions responsible for market volatility and to get access to detailed information on different currency pairs.
Yesterday, a data was released by Energy Information Administration that inventories in the United States in the week ending June 12th increased by 1.2 million barrels versus the market expectation for a decrease of 0.15 million barrels and China and US are facing the second wave of corona virus.
These both are the main reasons which are hampering the prices of oil and in result, the volatality is very high.
These both are the main reasons which are hampering the prices of oil and in result, the volatality is very high.
High volatility is a difficult parameter to keep in mind. It's pure truth. But if you really want to deal with it, you should start working on your own so that you can personally understand all the mechanisms of the market, then you can predict such situations, at least approximately.
Jul 02 2020 at 10:06
Volatility responds significantly to oil price shocks caused by unexpected changes in demand side. On the other hand, the impact of the supply side is negligible.
Aug 13 2020 at 22:35
Historically, oil prices and exchange rates have been intimate. This correlation exists due to many factors, including trade balance, supply chain patterns, and market sentiment. Exchange rates are one of the important channels through which international oil price shocks are transmitted to financial markets and the real economy. Many of the world's leading forex pairs are down or rising based on fluctuations in oil prices.
Oct 10 2020 at 09:47
Ezereombre posted:
Volatility responds significantly to oil price shocks caused by unexpected changes in demand side. On the other hand, the impact of the supply side is negligible.
Yes. Unexpected changes happen because of travel restriction of covid-19. Market also saw negative oil price because of that.
When the fundamentals at a price in the market are very much affected, the price creates volatility. Trends change from market to volatile. An important strategy in fundamental trading that must be prioritized.
Oct 19 2020 at 12:51
Not expecting prices to stabilise anytime soon.
Oct 24 2020 at 17:42
Gleywilleyy posted:
Not expecting prices to stabilise anytime soon.
Pandemic make every trading instrument volatile in 2020. I think market will not stabilize until pandemic over.
