USD selling accelerated overnight - Forex News by FX Leaders

USD selling accelerated overnight

Posted Tuesday, April 19, 2016 by
Skerdian Meta • 1 min read

The US Dollar went through another round of selling overnight. The Euro reached the top of support-turned-resistance range at 1.1345 but is retreating as I speak, despite better ZEW economic sentiment. The other risk currencies such as the commodity Dollars and the GBP have benefited as well. The main loser has been the Japanese Yen. 

NZD/USD has been going up relentingly in the last three trading days

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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