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Sterling hardly profits from strong UK retail sales

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar gains modestly after FOMC decision, but now profit taking? Yesterday, the dollar showed some more vigour than immediately after the FOMC meeting Wednesday eve. It appreciated across the board supported by short-term US yields that held near the recent highs. Even so, the gains of the US currency remained moderate, especially as global stocks rallied sharply at least until US traders entered the fray. US equities fell prey to profit taking, also as oil resumed its decline, even

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