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Published on Nov 3, 2016
Yesterday
saw a continued fall by the U.S. Dollar in the face of a “no change”
but slightly hawkish message from the U.S. Federal Reserve. The market
now focuses on non-farm payrolls data due tomorrow and Presidential
opinion polls.
The EUR / USD currency pair is looking significantly stronger, rising strongly yesterday and getting established above former resistance at 1.1100.
The USD / CHF currency pair again fell strongly yesterday. It has been falling sharply ever since turning over at the key resistance level of parity with the U.S. Dollar.
The GBP / USD currency pair is finally breaking up out of its consolidation zone between 1.2300 and 1.2100.
The EUR / USD currency pair is looking significantly stronger, rising strongly yesterday and getting established above former resistance at 1.1100.
The USD / CHF currency pair again fell strongly yesterday. It has been falling sharply ever since turning over at the key resistance level of parity with the U.S. Dollar.
The GBP / USD currency pair is finally breaking up out of its consolidation zone between 1.2300 and 1.2100.
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