Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Dollar rebound extends again as EUR/USD has a look below 1.09
The rebound in the dollar is extending further this afternoon. The USD/JPY has risen further above 148 and just now traded above 148.50. At the same time the GBP/USD has dropped very close to the 1./26 handle and the EUR/USD has busted to below 1.09 now. The low seen a short while ago was set at 1.0893. There is still over an hour to go before the final 4pm London Fix of the month and we could yet have some decent sized dollar based orders for that fix. Right now it is hard to see where a significant bout of fresh dollar selling might come from, but at the same time it is possible. However, as I have said since Tuesday, I thought that month end negative dollar re-balancing was all done and dusted now. The EUR/USD is a little higher now, currently trading at 1.0906
Market News
All News-
Bitcoin reverses lower as Nasdaq 100 losses mount
Well, if ever you wanted further confirmation of the very close link between the Nasdaq 100 and Bitcoin these days, then there is no better than what... -
Brent rebound continues close to $74
The further gains in the price of WTI and Brent came a little unstuck yesterday afternoon and that saw the price of Brent for May delivery fall back... -
DAX turns lower again
Earlier today updates here noted the fall back in the DAX. The index dropped from an early session high at 23,204 seen right on the opening. The fall...
