Tight ranges and Light volume

October 9, 2005 by Trader Rich 

As expected, volume is expected to be very very light during Asian
and European trading sessions.  Expect tight ranges….  In
addition, with the Tokyo market closed today, liquidity will be at a
premium.

http://www.bigcurrency.com/forex_news/Currency_News/Little_Activity_in_Early_Trading_20051009160/  

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