FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman suggested that there still is a strong bias toward buying dollar dips."



Key Quotes



"The euro has not been able to move back into last week's ranges. At the end of last week, it made a low of $1.3221, according to Bloomberg."



"Sterling broke below $1.66 on August 21 and attempts to resurface it have been stymied for the past several sessions. Against the yen, the dollar rose to almost JPY104.20 at the end of last week and continues to knock against it now. Support is pegged in the JPY103.50-75 area."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    GBP/USD at Risk for Rebound on Upbeat 1Q U.K. GDP Report

  2. Forex News

    As Dollar Rally Cools USDJPY Nears 13-Year High and EURUSD Retreats

  3. Forex News

    Strategy Video: Matching Confidence to Risk for Better Returns

  4. Forex News

    EURUSD: Looking to sell on rallies - 2ndSkies

  5. Forex News

    GBP/USD Technical Analysis: Support Above 1.53 in Focus

Trading Center