1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

Dollar Rally Slows Temporary, But Trend Stays Constructive

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 14, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Joined:
    Sep 9, 2015
    Messages:
    8,580
    Likes Received:
    1
    Yesterday, the dollar rally took a breather as sentiment on risk deteriorated temporary on poor Chinese data. However, the correction was limited. Today’s US eco data might be strong enough to cement expectations for a Fed rate hike. This should provide good downside protection for the dollar. Sterling also entered[​IMG]

    Continue reading...
     

Share This Page