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Dow Dives into a Negative Territory

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar Fades on Profit-Taking; Pound Recovers; Dow Dives into a Negative Territory With very little on the economic calendar at the start of the trading week, major currencies have been generally quiet as the dollar saw some modest profit-taking after the gains on Friday. Last week’s surprisingly NFP report, which came much stronger than expected, boosted bets on a December Federal Reserve rate hike. However, the Fed is likely to remain under pressure as long as this month's payrolls gain are

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