January 4 – 8, 2001. The New Year, as always, begins with gaps in the markets

2021-01-03

The first currency trading of the new year will start with a gap caused by the long weekend and the reaction to the accumulated news.

From January 1, while Forex was closed, the borders between the UK and the EU were restored. At the same time, another important event took place – the European Union and China signed an investment agreement after 7 years of negotiations.

As always, the first days on the markets will be reduced liquidity, so volatility can be unpredictable and quite high, which entails great risks when trading.