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UK CPI focus for sterling trading

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Dollar profits (slightly) from China soft landing data On Monday, USD stabilised off Friday’s lows against the euro and the yen There were no important data in Europe and US markets were closed (Martin Luther King day). European equities and oil rebounded early in the session, but the rebound stalled later on, giving little directional guidance for USD trading. EUR/USD closed the session at 1.0892 (from 1.0916 on Friday). USD/JPY ended the day at 117.32 (from 116.98 on Friday). Overnight, the

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