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FX Board: USD in limbo seeking clarity

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Today's key FX developments: This was not a particularly manic Monday, as trading was rather muted, though the USD rally is showing a bit of staying power and EURUSD dipped to new local lows ahead of this week's key event, the Thursday ECB meeting. The USD rally needs to blossom further to wake the USD bulls from their slumber, as ranges have had a vice grip on most USD pairs for a long time now. The euro was broadly weaker, with EURGBP settling lower and a EURJPY rally pushed back lower later

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