Buy, Sell, Hold. It Is Time to Reconsider Your Dollar Positions?

It has been a long time since we’ve seen the U.S. dollar fall against all of the major currencies. Sterling was the one exception but the UK has its own problems. Given the magnitude and consistency of the latest dollar decline, it may be time to reconsider your dollar positions. Outside of a 1-day recovery on Monday the dollar fell every day last week against the Euro, Swiss Franc, Japanese Yen, Australian and New Zealand dollars. Of all the major currencies, the New Zealand and Australian dollars appreciated the most.

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.