Thanksgiving of the US Dollar

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Thanksgiving of the US Dollar

Postby kreslik.news » Thu Nov 24, 2016 2:12 pm


This article was written by Ashwin Peswani, Regional Director of MTrading

With robust Durable Goods Orders and an upbeat statement from the FOMC minutes in November, the USD managed to extend its run north on the Thanksgiving holiday as investors more or less remained assured of a December Fed rate-hike.

Elsewhere, the EUR dipped with its regional political trauma while the GBP also had to trim a bit of its previous gains and the JPY plunged heavily with continuous liquidation in safe-havens.

Further, the AUD remained strong as increasing iron ore demand helped this commodity currency, but the NZD and ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”