Lots of pressure on the dollar today with inflation and jobless data. Overall weak us new which has been very manipulative and encouraging growth in other currencies.
It will be interesting to see if the USD can stabilise of the back of todays trading sessions. 95.00 to 94.00 could provide support should the index drop off into the final hours of this week. We could even be approaching a 200 DMA revisit after almost 6 months...
It will be interesting to see if the USD can stabilise of the back of todays trading sessions. 95.00 to 94.00 could provide support should the index drop off into the final hours of this week. We could even be approaching a 200 DMA revisit after almost 6 months...