Greenback mixed in commodities - FXStreet

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the dollar ended the day mixed across the board, higher against its European rivals, but down again commodity-related currencies, amid a comeback in oil prices.

    Key Quotes:

    "Thin market volume exacerbated some intraday moves, as New Year holidays loom. At the beginning of the US session, the country released its November trade balance, showing that the deficit widened to $-60.50 from October reading of $-58.41B."

    "The Conference board consumer confidence index, however, surged to 96.5 in December from 92.6 during the previous month."
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