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Dollar fights back ahead of the FOMC decision

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday, the dollar found its composure after a poor performance on Monday. A better global risk sentiment put a floor for the US currency going into the FOMC meeting. Slightly higher US inflation data gave the dollar additional interest rate support. EUR/USD closed the session at 1.0931 (from 1.0992). USD/JPY regained the 121-mark and closed the day 121.79 (from 121.03). Overnight , Asian equities are trading with strong gains, following a decent session at Wall Street, Japan outperforming

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