Dollar ignores disappointing US price data

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Thursday, the dollar rebound took a breather as the equity rally slowed and US inflation disappointed. This capped further USD gains, but the greenback quite easily maintained this week’s gains. That’s remarkable given the post-Fed weakness of late. EUR/USD closed the session at 1.1268, almost unchanged from Wednesday. USD/JPY finished the session at 109.40 (from 109.34 ). Overnight , Chinese Q1 GDP was exactly in line with expectations at 6.7% Y/Y. March industrial production was

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