Narrow ranges have been prevailing among the main currencies so far today. The dollar managed to lift modestly, recovering slightly from the trend lows of yesterday. EUR-USD ebbed to a two-day low at 1.1885, extending a correction from Tuesday’s 28-month peak at 1.2012. A profit taking impulse after the 1.2000 level was breached has been highlighted by some market narratives.

For more info about this post:

View Source


Get notified when there is a new post. Read new post to earn 10 points!

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply

Your email address will not be published. Required fields are marked *