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Sterling awaiting the outcome of EU/UK negotiations

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar rebound stalls as oil declines On Thursday, the dollar initially gained ground further against the euro as sentiment on risk remained constructive and as oil extended gains. The gains of USD/JPY were negligible as were the moves in the bond market. US data (Philly Fed, claims) were marginally better than expected, but had only a marginal impact on USD trading. Later in the session, oil even declined after high US inventory data. This decline of oil weighed on overall market sentiment

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