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USD Daily Review December 5, 2017

USD Daily Review for December 5, 2017

GBP/USD RSI Flirts with Overbought Territory- Opening Range in Focus

GBP/USD may continue to exhibit a bullish behavior over the coming days as the United Kingdom (UK) and European Union (EU) inch towards a Brexit

 

Dollar Range, Euro Support in the Spotlight Ahead of Central Banks, NFP

As we move into the first full week of December, a series of pertinent themes remain active as we head towards year-end.

 

DailyFX US AM Digest: US Dollar Higher on Tax News, Pound Continues Bull Run

The news wire remains the most potent source of event risk for the major currencies at the start of the week.

 

Gold ends with a loss as the U.S. dollar, stocks rise as tax plan moves forward

Gold prices ended lower on Monday, pressured as the U.S. Senate over the weekend passed a tax reform proposal. The passage helped strengthen the U.S.

 

Forex Weekly Technical Outlook: Top December Setups on USD, EUR Crosses

https://www.dailyfx.com/forex/video/live_events/2017/12/04/Forex-Weekly-Technical-Outlook-Top-December-Setups-on-USD-EUR-Crosses.html?ref-author=Boutros Tech…

 

EUR/USD and GBP/USD Forecast December 5, 2017

The EUR/USD pair gapped lower during the trading session on Monday, testing the 1.18 level underneath. We bounced enough to form a neutral candle, and we cou…

 

USD/JPY and AUD/USD Forecast December 5, 2017

The US dollar rallied against the Japanese yen, gapping higher initially. We reached towards the 113 level, but found enough resistance to fall and form a sh…

 

Australian Dollar Struggles to Hold Gains as RBA Concludes 2017

Following a barrage of positive data, the Australian Dollar struggled to hold on to more gains as the RBA left rates unchanged and reiterated that

 

Australian Dollar Climbs on Retail and Trade Data Ahead of RBA

The Australian Dollar gained as retail sales data caught the eyes of traders rather than some trade figures. But why did traders place bets ahead

 

Asia AM Digest: Canadian Dollar Soars on Hopes for China Trade Deal

The Canadian Dollar soared after Prime Minister Justin Trudeau talked up prospects for a free trade deal with China even as NAFTA renegotiation talks struggle

 

Taco Bell and McDonald’s are gearing up for a cutthroat battle of the fast-food dollar menus

Good news bargain shoppers: the dollar menu is making a comeback, with Taco Bell and McDonald’s doubling down on value.

 




Aussie and NZ Dollars Rise, Yen Drops as Risk Appetite Recovers

Currency markets reflected improved risk appetite in Asia Pacific trade even as regional shares echoed a disappointing day on Wall Street. More of the same

 

Have a nice trading!




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