Filed Under:
Forex pairs in this Article » EUR/USD (Barcelona) - Emmanuel Ng of OCBC Bank notes that the major currencies continued to bleed against the dollar.

He notes that the Dollar Index was briefly above 82.0, while Treasuries continued to tumble in the wake of the FOMC although some degree of stabilization managed to emerge by the end of the NY session. Going ahead, he sees that US data points are expected to assume greater significance as investors watch for every quiver and twitch out of the US economy, He writes, “Overnight, note that existing home sales and Philly Fed numbers surprised to the upside, while weekly initial claims came in higher than expected.”
comments powered by Disqus