European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The US Dollar extended losses yesterday, but was able to recover slightly in the Asian session. EUR/USD fell from 1.1335 to 1.1305, while GBP/USD retraced from 1.45 to a low of 1.4454. The rally in GBP/USD looks overextended in the short-term and on-going worries about a potential Brexit are likely[​IMG]

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