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BOE minutes in focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dollar going nowhere On Wednesday trading in EUR/USD and USD/JPY was mainly driven by technical considerations. The price action was again confined to tight ranges. There were no important eco data in Europe and in the US. The rally in commodities and equities also failed to give a clear guidance for USD trading. EUR/USD closed the session at 1.1237 (from 1.1272 on Tuesday). USD/JPY ended the day at 120.01 (from 120.23). Overnight, Asian equities fell prey to profit taking after the recent

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