Dollar's Technical Tone Improves | Forex Factory

  • Dollar's Technical Tone Improves

    From marctomarket.com

    It is not that the US dollar had a particularly good week. It was mixed. The best performers were sterling and the Canadian dollar. The pound led with a 1.5% gain, followed closely by the Canadian dollar. The latest polls suggest that those who want the UK to remain in the EU have generally seen some gains in the polls. Also, unwinding short cross positions against the euro, helped sterling get better traction against the greenback. Firmer oil, better data, and a central bank that did not voice objections to the 9.5% appreciation this year underpinned the Loonie. The currencies that the dollar did gain against is ... (full story)

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asgcorp
Apr 23, 2016 9:32am
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nice clean summary, about the only place so far which highlights potential USD comeback and in fact that's what we are going to get from now on until late May at least.

Upvoted overall.
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Alexeii
Apr 23, 2016 9:53am
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Dollar is backed by faith and confidence, nothing more. No gold, nothing real....buy dollars and you buy useless toilet paper.
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Trader#F833
Apr 23, 2016 8:01pm
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Everything is backed by condince, even gold, try to eat gol i dare you
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