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What has the BoE to say on sterling and inflation?

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dollar holds on yesterday’s gains On Wednesday, the dollar rebounded, profiting from a global risk-on sentiment. US retail sales really disappointed. The US PPI was also softer than expected, but the dollar even extended gains against the euro and the yen. EUR/USD dropped below a first minor support at 1.1327 triggering scaling back EUR/USD longs. The pair closed the session at 1.1274, from 1.1346. USD/JPY rebounded to close the session at 109.34 (from 108.54). Overnight, Asian equities trade

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