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US Dollar Starts An Onslaught of Other Currencies
The US dollar came back strong the during Asian session going higher across the board even against yen, the aussie dollar and kiwi. It is also suddenly higher against euro which dipped below 1.0600 level and the pound which is coming dangerously to 1.2400 levels. Since both euro and the pound usually have limited flows in Tokyo session, these moves could imply a high level of volatility we might experience during the next 48 hours, until the FOM…
The US dollar came back strong the during Asian session going higher across the board even against yen, the aussie dollar and kiwi. It is also suddenly higher against euro which dipped below 1.0600 level and the pound which is coming dangerously to 1.2400 levels. Since both euro and the pound usually have limited flows in Tokyo session, these moves could imply a high level of volatility we might experience during the next 48 hours, until the FOM…