Sterling rebound slows

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Dollar in wait-and-see modus On Monday there was no clear story for global USD trading and changes were minimal. Interest rate differentials between the US and Germany widened in favour of the dollar. EUR/USD initially drifted south even as risk sentiment deteriorated in early Europe. In technical trade during the US session, the dollar finally lost ground against most majors. EUR/USD closed the session at 1.1014 little changed from Friday. USD/JPY lost also further ground even as the Dow and

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