Technically, the US dollar would put in for a positive close through Thursday’s active session. However, an astute trader would appreciate the fact that the single currency is actually still mired in its month-long congestion pattern. It is easy to become caught up in the day-to-day changes from particular currency pairs; and the headlines of a positive or negative move can often be exaggerated to catch the attention of traders with extraordinarily short attention spans.
Recent Post
- Singapore StocksMay rise on Greece bill SingTel in focus
- AUD USD up on economic data
- ETT Otobs Saatleri ve ETT Haberleri
- Greek Parliament Passes Austerity Vote, Will Risk Rebound
- Weekly Focus Still Waiting for Greece
- Groundhog Week
- Down to the Wire on Greece
- Debt crisis as it happened, February 10, 2012
- Lessons to be learnt from rampant inflation of the 70s
- Britains extreme QE is dangerously counterproductive
