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Dollar buying picks up to send the pound and euro lower

Discussion in 'Technical Analysis' started by ForexLive, Oct 11, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Traders are hovering up the buck There's only one major currency winning today and that's the US dollar. It was noted earlier today that players were adding to long positions and we can see the effects across the board. The aussie is down, the Swissy is down, the CAD is down. The only pair that's not shooting higher is USDJPY, which is being bogged down by the crosses.

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