Dollar starts the new year strong against the rest of the major currencies

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Currency markets have been relatively active during the holidays’ season but nothing too exciting took place as there were no fundamental or technical developments on any fronts to turn the tables. Traders took some time off from their trading over the past couple of weeks and that was obvious as the price action in the major instruments we monitor in our daily report had little to show for. Leading up to the holidays the broader market theme was a mild Dollar sell-off exactly as we expected,

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