Trading with the Central Banks

The foreign exchange currencies are moved by the actions of the central banks and the sentiment of the traders/investors who anticipate the next monetary policy decisions. Currently, the talk is for the Fed to be a rate hike setter in 2022, which follows on from the move by the Bank of England at the end of 2021. There are a couple of CB’s that are not looking to raise rates and they are the ECB and BOJ. As monetary policy diverges between the global bank rates there should be more opportunities for riding a trend. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:19 GBP/USD

5:47 GBP/JPY