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Will upside pressure from the US dollar continue?
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The dollar is at a critical level of breach o fits swing high at 104.34, and looks like there will be continued upside pressure in the dollar. Ian Coleman, a new contributor at CMC Markets, looks at what the latest movement in the dollar index means for the EUR/USD and GBP/USD and whether that could lead the major currency pairs to rally higher.
Disclaimer: This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.
Disclaimer: This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.
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