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EUR/GBP: Sterling regains some ground

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Underlying dollar weakness hasn’t gone Yesterday, the dollar traded volatile making several turns during the day. Eventually, the greenback never went far away from opening levels. Trading flows were thin, as usual on Monday, while eco data were scarce and of second‐tier importance. Comments of ECB’s Praet, dovish as usual, couldn’t attract the attention of markets. We won’t draw many conclusions from these volatile intraday moves, but it suggests that dollar sentiment remains shaky and key

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