Friday, 4 October 2019

US Dollar Forecast Sours as Fed Rate Cut Odds Rise, US Yields Sink

The area where the DXY Index found resistance this week was the trendline helping constitute resistance in the longer-term bearish rising wedge – an ominous topping pattern that persists.

from DailyFX - Market News https://ift.tt/2VbM1th
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...