Morning FX Market Commentary

Dollar looking for a floor

On Monday, the dollar remained under slightly pressure. There was hardly any news to guide trading. Slightly weaker than expected existing home sales provided the perfect excuse for EUR/USD to test the 1.3207 resistance. Sterling remains in good shape. Today, more technical trading can be expected. Will the post‐Bernanke correction of the dollar slow?

Read the full report: FX Daily

 

KBC