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USD demand sees cable and EURUSD post new recent lows

Discussion in 'Market News' started by ForexLive, Jan 5, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Equities are softer and the US$ is feeling the love No recent correlation to be seen of late between the "funding ccy" euro and equities so it's been all downhill for EUR pairs this morning despite European equity markets turning south into negative territory. Softer Eurozone flash CPI has only added fuel to the process while concerted EURJPY selling earlier spread into other euro pairs

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