USD made gains on the good economic reports as the USD made the biggest gain against the EURO in more than a year. Good economic reports about the US economy may spur the FED to increase the interest rate much sooner than expected. FED is already tapering its bond purchase program also known as QE.… Continue reading USD Climbs To The Best Month In The Year!
Tag: usd
USD Sinks To One Month’s Low!
If you are a currency trader and you are trading USD pairs like EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD etc you should keep an eye on what USD is doing. After the US Presidential Elections, USD rallied hard. This rally was augmented by Federal Reserve decision last month to increase interest rates. This has driven… Continue reading USD Sinks To One Month’s Low!