How to Trade Around SDR Allocations and IMF Announcements? – Edge-Forex
When major central banks speak, markets listen. But when the International Monetary Fund (IMF) speaks or allocates billions in Special Drawing Rights (SDRs), the reaction in currency markets can be just as significant. Yet, this is an area that many traders ignore. SDR Allocations and IMF Announcements have a powerful influence on emerging market currencies,…