Dollar holding near the recent lows

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    On Monday, risk sentiment turned negative and weighed on the dollar. USD/JPY dropped below back below the 120 pivot. EUR/USD spiked temporary north of 1.14. However closing at UR/USD 1.1379, the daily losses of the dollar against the euro are contained. Yesterday evening, Fed’s Tarullo joined the soft camp within the Fed and indicated that it probably won’t be appropriate for the Fed to raise rates this year. His comments had hardly any impact on the dollar. Overnight, the Chinese September

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