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Published on Aug 30, 2016
Hawkish sentiment continues to boost the U.S. Dollar mostly at the expense of the Japanese Yen and precious metals.
The EUR / USD currency pair fell again and is now even more firmly in the middle of its very long-term consolidation range.
The USD / JPY currency pair is rising again, but it can be expected that 102.50 may be a barrier to further movement.
The
GBP / USD currency pair fell back into its long-term bearish trend
after falling from key resistance at 1.3267. It might need a pull back
before falling further.
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