This article was first published on FXTM Global.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


It’s all about ‘King Dollar’ today but there’s nothing grand about the greenback at the moment. The technicals have been looking weak for some time, as we have highlighted, and the world’s reserve currency is on the march lower once more, breaking through previous cycle support.There are no obvious catalysts today, though the technical nature is a compelling enough reason! Reduced safe-haven demand for the USD along with ample global liquidity is one major fundamental issue that the Dollar is having to contend with, while the ongoing new stimulus delay and yesterday’s disappointing... Read More


--
To keep reading this article, please navigate to: FXTM Global.

Tagged on: