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Fundamental Currency Analysis

Fundamental Currency Analysis

Fundamental Currency Analysis

06 October 2014    Guest post by Jay Hawk at Orbex.

USD: The U.S. Dollar Index is currently off -0.1690 or -0.19% to 86.5250 after opening the day at 86.6590 in Asia. The Greenback is broadly lower against all major currencies, selling off correctively after Friday’s sharp rise. The U.S. Dollar sharp rise on Friday followed better than expected U.S. Non-Farm Payrolls and Trade Balance releases. No economic data is expected out of the United States until Tuesday.

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