Another round of USD buying - Forex News by FX Leaders

Another round of USD buying

Posted Tuesday, May 10, 2016 by
Skerdian Meta • 1 min read

The US Dollar seems to be enjoying some good demands recently. EUR/USD has been in retreat in the last 4-5 trading days and USD/JPY has made some reasonable gains. But the biggest rally has been in USD/CAD. Last night we opened a short term buy forex signal in this pair but it missed it by one mere pip overnight. It got triggered an hour ago though during this wave of USD buying.

USD/CAD jumped 70 pips in the last two hours

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