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Published on Nov 21, 2016
Stocks,
oil, and the U.S. Dollar remain strong, with the S&P 500 Index just
a few points off an all-time high. The Dollar is shading off though in
early trading so far.
The EUR / USD currency pair looks to be finding some support below 1.0600, close to the key buying level of 1.0550.
The
USD / JPY currency pair is still the key pair where the U.S. Dollar is
strongest, but it is having trouble holding up above 111.00 and is
beginning to consolidate.
After falling strongly at the end of
last week, the AUD / USD currency pair seems to have found key support
for a bullish turn just above the 0.7300 level.
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