View full page at forexfactory.com

 

US Dollar stumbles, Euro surges while Gold shines

From forextime.com

The has Dollar stumbled into the new trading week with a nasty NFP hangover despite enjoying a holiday extended weekend. There is a strong sense of optimism in the air despite rising coronavirus cases in the United States, and this risk-on mood is boosting appetite for equities at the expense of safe-haven assets like the Dollar. Expect the Greenback to remain depressed over the next few days if economic data continues to improve and market players repeatedly shrug of rising coronavirus cases in the United States and some other countries. Given how the migthy Dollar was treated without mercy by every single G10 ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis