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Sterling under pressure as terror fuels Brexit fears

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dollar better bid On Tuesday, terrorist attacks in Brussels created a risk-off sentiment on European markets, but market tensions gradually eased. The euro declined against the dollar. The EMU sentiment indicators were good but had no impact on euro trading. EUR/USD closed the session at 1.1217 (from 1.1241 on Monday, but off the intraday low of 1.1189). The yen initially outperformed but a USD/JPY short squeeze in the US reversed the earlier losses. USD/JPY even closed the day in positive

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