Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar jumps back as EUR/USD drops below 1.1081
A short while ago the USD/JPY rebounded back above 141, towards 141.20 and that was the catalyst for further downside in the GBP/USD and the EUR/USD. Once the Euro fell below 1.11 the pace quickened and looks like it might have tripped some stops below the former Fibonacci resistance level, at 1.1081. The low seen on that run was set at 1.1072. It has bounced a bit since but as of yet, it is still rebound back above 1.11. The impact of all these moves has helped the USD index (USDX) recover smartly off its earlier session lows, at 100.61. The index has since traded back above 101.00. The EUR/USD is currently trading at 1,1095
Market News
All News-
Bitcoin vaults 99k but can it reclaim 100k?
The price action across the dollar is mixed now and since the last update here that has seen the Yen rise even further. The GBP/USD and EUR/USD might... -
Well pick the bones out of that- EUR/USD falls back with GBP/USD
So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above...
-
US stock futures on the rebound as US yields slip- S+P 500 set open higher now
The US equity market futures are all in the green right now and pointing to a slightly higher opening in around 30 minutes. The gains look pretty...
