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Sterling shows mixed picture. Brexit debate lingers

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar rebounds as global sentiment improves On Monday, global market extended Friday’s risk-on rebound as Chinese markets opened in a constructive way after the Lunar New year holidays. Initially, the rebound was mainly visible in equities. The dollar gained traction later in the session. ECB president Draghi reiterated the bank’s readiness to the ease policy further if low import prices or a distortion in the monetary transmission mechanism would entail downside risks to price stability.

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