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Thursday 29 December 2016

Daily Market Roundup (December 29, 2016): DailyForex.

Published on 29 Dec 2016
The U.S. stock market had its biggest one-day fall yesterday since the Presidential Election, while the U.S. Dollar rose then reversed, falling sharply.

The EUR / USD currency pair reversed strongly and is now again threatening the resistance level at 1.0479.

The USD / JPY currency pair has fallen sharply and is well below the former support at 117.00.

The GBP / USD currency pair has risen from support at 1.2212, but this is one of the few pairs where the Dollar looks relatively strong.

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