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Dollar Rally Runs Into Resistance

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 20, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The dollar rally is petering out as a December Fed rate hike is largely discounted. EUR/USD stabilizes in the 1.07 area. USD/JPY found a new short‐term equilibrium close to 123. Today, trading in the major USD cross rates will be order‐driven as there are few eco data on the calendar[​IMG]

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