Forex trends

It feels like an age since I’ve written about foreign exchange in this column. It’s not because I no longer think it matters – it does, just ask someone who’s currency is currently imploding. It’s not because I’m not looking at FX charts, I am. For years, I’ve maintained a strict daily discipline, skimming through a series of key charts at speed, always in the same format and the same order. Like a captain on a ship or air traffic control, I’m looking to see if everything is in the correct place and what stands out as a glaring aberration or unusual trend.

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