Daily Forex Overview |
|
Previous session overview On Tuesday, the dollar rose against the euro and the yen with help from the report on U.S. April retail sales, which offered signs of hope for the economy. The dollar also drew support from various Federal Reserve speakers Tuesday, who seemed to focus on inflation concerns, a sign that the interest rate cuts that have hurt the dollar's yield may indeed be on pause. The Euro lost ground against a resurgent dollar buoyed by economic data and central bank rhetoric, in
Filed under: Fundamental
Latest Posts
- Currency Majors Technical Analysis
- Expect Non-Farm Payrolls to Double Dip
- CAD Weakness Presumes
- Markets Falling, Dollar is Rising: Bears and Dollar In it Together?
- Mid-Day Forex Technical Report - Swiss Franc Sold Off after Surprised SNB 100bps Cut
- London Session
- Matsys D Trade Signals
- Usd/Chf testing the key level
- Eur/Chf technical perspective
- United States: beyond the storm
- The Swiss National Bank (SNB) also cut interest rates by 100bp after a 50bp cut earlier this month
- Currency Currents
- Surprise SNB Rate cut
- SNB Cut 3-Month Target Rate by 100 bp to 1.00% - Forex Trading …
- EUR/USD: (1.2492) Could not sustain above channel top and back below 1.2527 (see graph)
No Comments! Be The First!