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Dollar Holds Near Post-Payroll Lows

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 8, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    Yesterday, the dollar failed to profit from strong (European) equities. EUR/USD held near the post-payroll highs. Today, a less buoyant equity sentiment and low core bond yields suggest that the dollar might remain in the defensive. Sterling rebounded yesterday, but poor data and a flaring up of the Brexit campaign[​IMG]

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