Previous post Next post

Dollar jumps on better US data, but gains are limited.

The dollar was goosed higher on the back of some decent data. The PMI, ISM and JOLTs data all beat expectations. Good news for the US economy. The Nasdaq moved to new record highs. The S&P and the Dow are less impressed. In the debt market, the yields remain in the red which is interesting.

As for the dollar, it did move higher but the gains are limited. What are the technicals saying to me in the major currency pairs vs the USD.

Are you the author?
About Forexlive
Forexlive
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Previous post See more for 4.) Forex Live Next post
Tags:

Permanent link to this article: https://snbchf.com/video/dollar-jumps-on-better-us-data-but-gains-are-limited/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.