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U.S. Dollar Knocked Out; Pound Surged 250 pips; AUD Recovered; Wal-Mart Sank 10%

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The buck has faced one more appalling trading session on Wednesday after the harsh retail sales report and the Fed Beige book that repel further a Fed rate hike. The U.S. dollar plunged against all its G10 peers with more than 2% losses against the New Zealand dollar and more than 1% versus the British pound and the Australian dollar. The retail sales on a monthly basis grew just by 0.1% in September below market’s expectations for a growth of 0.2%. Moreover, the previous month figure revised

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