Session Recap: Ranges, small ranges; while CAD advances

By FXstreet.com | August 11, 2014 AAA

FXStreet (San Francisco) - The currency market traded on tight ranges on Monday as investors seem to be in a midsummer night's dream, but not trading.



USD dollar advanced against the Euro, but limited, and it declined versus the pound and the yen, but just testimonial, most of ranges was the daily tone. On the other hand, the USD/CAD posted losses as the Canadian dollar was fueled by better than expected housing starts data.



comments powered by Disqus
Related Forex Analysis
  1. NZD/USD Rebounds After Piercing Line Pattern Offered Bullish Signal
    Forex News

    NZD/USD Rebounds After Piercing Line Pattern Offered Bullish Signal

  2. GBP/USD Recovery May Lack Fuel Amid Void Of Reversal Signals
    Forex News

    GBP/USD Recovery May Lack Fuel Amid Void Of Reversal Signals

  3. EUR/USD Descent Stalls As A Doji Candlestick Highlights Hesitation
    Forex News

    EUR/USD Descent Stalls As A Doji Candlestick Highlights Hesitation

  4. USD/JPY recovered from Asian lows at 108.55, but still under pressure
    Forex News

    USD/JPY recovered from Asian lows at 108.55, but still under pressure

  5. EUR/USD Sitting Still
    Investing

    EUR/USD Sitting Still

Trading Center