USD reactions on events | Forex Factory

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USD reactions on events

  • #1
  • First Post: May 14, 2009 4:48pm May 14, 2009 4:48pm
Hi,

Near every currency is stronger when relevant fundamental data are better when forecast.

But USD react strange. When US data are worse when forecast USD is stronger. When US data are better when forecast USD is weaker.

What is the reason such strange behavior of USD currency?

Mavast
  • #2
  • Last Post: May 15, 2009 5:55am May 15, 2009 5:55am
On Wednesday the USD close to a 4 month low on the index at 81.871 And it remained firm on the next day as calculated against 6 major currencies.
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