Dollar Rally Slows

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Yesterday, the USD rally slowed, especially against the euro. Decent EMU eco data maybe triggered some euro short-covering ahead of the ECB policy meeting. Today, there are plenty of eco data in the EMU and the US. There are probably strong US data needed to initiate further dollar gains ahead[​IMG]

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