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Dollar rebound to slow?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    On Monday, US markets reopened after the Easter weekend, while European ones remained closed. The dollar traded with a slightly negative bias in very thin volumes. February US spending and income data were close to expectations and January spending (as expected) was revised sharply lower. US bond yields were already sliding lower, but the dollar declined on the release, only to recoup some losses later on. EUR/USD closed the session at 1.1196 (from 1.1174 on Thursday evening). USD/JPY

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