The dollar was up on Friday morning in Asia, set for a fifth winning week ahead of the latest U.S. jobs report that will likely set the stage for further aggressive monetary policy tightening.
The Euro is very weak, the EURUSD market suggests a turnover, signaling for bear trending selloffs to reach under the 1.0374 - 1.0340 December 2016 low. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals.
The Euro is very weak, the EURUSD market suggests a turnover, signaling for bear trending selloffs to reach under the 1.0374 - 1.0340 December 2016 low. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals.