Boris and Kathy Forex Weekly – 28/11/2016 – Majors
November 27, 2016 10:37 pm
Boris and Kathy Forex Weekly – 28/11/2016 – Majors
The Dollar Index reached its highest level in 13 years this past week but the dream run in the dollar met resistance against many major currencies. The greenback continued to press higher versus the Japanese Yen, rising within 10 pips of 114 but it gave up gains versus the British pound, Australian and New Zealand dollars. It ended the week unchanged against the euro, Canadian dollar and Swiss Franc. Now this pullback / consolidation has many investors wondering if its time to sell dollars.
Boris and Kathy Forex Weekly – 28/11/2016 – Majors
The Dollar Index reached its highest level in 13 years this past week but the dream run in the dollar met resistance against many major currencies. The greenback continued to press higher versus the Japanese Yen, rising within 10 pips of 114 but it gave up gains versus the British pound, Australian and New Zealand dollars. It ended the week unchanged against the euro, Canadian dollar and Swiss Franc. Now this pullback / consolidation has many investors wondering if its time to sell dollars.
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