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Greenback surprisingly soared as well as U.S. stocks; BoE policy meeting in focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The U.S. dollar surprisingly surged on Wednesday despite the soft Retail Sales while the euro hit severely from the weak data released and the pound remained broadly range bounded ahead of today’s BoE meeting. BoC its left interest rates unchanged, while today, the other most important updates are the EU and U.S. Inflation Report. Three major U.S. banks led the way for U.S. Indices to outperform, enjoying the best day in nearly a month. U.S. dollar surprisingly surged despite the downbeat data

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