USD ending the week positively - Forex News by FX Leaders

USD ending the week positively

Posted Friday, May 13, 2016 by
Skerdian Meta • 1 min read

The US Dollar started the week with the right attitude and is closing it in the same way. EUR/USD broke below 1.13 while USD/JPY broke above this week´s high, reaching 109.55. It has dipped back below now but the general feeling towards the USD remains positive. The positive US economic data has helped as well because all the numbers were positive today. 

EUR/USD is trading below 1.13 for the first time in two weeks

 

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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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