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NZD Plunged Due to Weak Data; U.S. Indices Continue to Rise

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The U.S. dollar was traded on a low profile for the second day in a row on Tuesday as investors await the Fed Chair Janet Yellen’s congressional testimony later in the day. Traders expect Fed Chair to reveal how the economy is getting ready for the first interest rate hike in nearly a decade. Although, the economic optimism among consumers lost its strength in November and came out below 50 for the seventh consecutive month! Euro falls on Draghi’s comments The euro depreciated against most of

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