Paying attention only to the largest currency pairs limits the multitude of possibilities. While daily volatility and low spreads are beneficial, you should also search other markets for alternatives. Exotic FX pairs can often provide lucrative trend movements. Also, to avoid overtrading, you should not just limit yourself to one market. Overall, be careful with speculation. The actual visible trend should determine the respective strategy, no matter which market segment it is.

The euro has barely moved on Friday before new labor market data from the US. At noon, the common currency cost $ 1.1030, slightly less than the morning. The European Central Bank (ECB) had set the reference rate at $ 1.1058 on Thursday afternoon.

China eased its monetary policy on Friday. The central bank of the People's Republic lowered by 0.5 points to 13.0 percent the rate at which banks must hold deposits. At the same time, she reiterated that she wanted to refrain from a strong monetary easing. This should have anticipated anticipated criticism from the US. The US government accuses China of intentionally weakening the national currency yuan in order to gain competitive advantages.