USD Finishes Sharply Lower
USD Finishes Sharply Lower
U.S. Dollar Trading (USD) came under severe pressure as major levels were broken throughout the day. The Euro led the charge as the key level of 1.4000 gave way and bullish data from India and Japan underpinned the move higher. Fitch revised California’s outlook to negative. Crude Oil finished up $1.23 to […]
Dollar Strengthens As The S&P Moves Lower
Dollar Strengthens As The S&P Moves Lower
Overall, the currency markets traded mostly side-ways during the overnight session on Wednesday. In the U.S. session, the major pairs became very volatile, as equity markets headed lower. The final strike came during the last part of the U.S. session, when the dollar surged against every other major currency, […]
Dollar Declines On Lower Volume, Stress Test Results Impede Forex Moves
Dollar Declines On Lower Volume
Currency Pair Overview: Dollar Declines On Lower Volume
Overall: Volume in the currency market was below average today and that was due to most of Europe being closed for the May Day Bank Holiday. Still, there was decent movement in the market with the overall trend being dollar short. The dollar declined […]