Bulls Favour USD and JPY; GBP/USD Profit Locked at 1.4635

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The dollar gained ground against all the major currencies, except the Japanese yen, as risk aversion continues. The latest events in China, the geopolitical tensions in the Middle East and the North Korea’s latest nuclear test lead traders to buy U.S. dollars and Japanese Yen. During the period from 06:00 GMT time on Tuesday to 06:00 GMT on Wednesday EUR/USD performed ‐0.80% while EUR/JPY plunged by 1.40%. Today, the market will look at the FOMC minutes of the historical meeting on December

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