Dollar setback due to recent PCE date

1 June, 2017

Dollar setback due to recent PCE date

Due to the dollar setback because of recent PCE date that was weaker than expected as a result Euro moved straight upwards reaching 1.12 range. Resistance is hold at 1.119, support comes in at 1.117. Today is last day of the month and FED's members speeches are to be announced therefore the market volatility growth is expected.

 


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