UNIJOS MTL COMMUNITY

UKMTO received a report of an incident 63NM west of Yanbu, Saudi Arabia… does this affect the market? And why?

From my research, Currencies tied to energy exports like the Canadian Dollar (CAD) or the Norwegian Krone (NOK) reacts to oil price spikes. So, if oil surges due to supply disruption fears, these currencies could experience localized push

From my research, Currencies tied to energy exports like the Canadian Dollar (CAD) or the Norwegian Krone (NOK) reacts to oil price spikes. So, if oil surges due to supply disruption fears, these currencies could experience localized push

Does this news affect the market or not and why?

Good morning Everyone

You sure say you no be our teacher?

This is very detailed o

Thank you

UKMTO received a report of an incident 63NM west of Yanbu, Saudi Arabia… does this affect the market? And why?

It does affect and also some additions to that,

Sudden Geo political escalations or military incidents in key trade lanes can cause quick flight to safety

News are this are often treated as volatility catalyst, instead of a long term signal and can also bring fake breakouts too

Hellen, what did you put in your stew?

It does affect and also some additions to that,

Sudden Geo political escalations or military incidents in key trade lanes can cause quick flight to safety

News are this are often treated as volatility catalyst, instead of a long term signal and can also bring fake breakouts too

Good morning Ceecee

Yes, news affects the market because markets are driven by people's decisions, and people react to information

lol, thank you

Good morning Cecee

I am still one, hopefully everyone is back from exams so we can still continue our class?

It does affect and also some additions to that,

Sudden Geo political escalations or military incidents in key trade lanes can cause quick flight to safety

News are this are often treated as volatility catalyst, instead of a long term signal and can also bring fake breakouts too

Sure we can, we’d totally resume