Dear traders,
The American Dollar started 2018 as it ended 2017, with a soft tone against all of its major rivals. The EUR/USD pair advanced up to 1.2088, its highest since posting 1.2092 last September, the highest for the year. However, there was no follow-through to dollar's slump after hitting fresh multi-month lows, and surprisingly, the currency is fighting back in this last day of the week, despite US December Nonfarm Payrolls' miss.
Good trading!
The American Dollar started 2018 as it ended 2017, with a soft tone against all of its major rivals. The EUR/USD pair advanced up to 1.2088, its highest since posting 1.2092 last September, the highest for the year. However, there was no follow-through to dollar's slump after hitting fresh multi-month lows, and surprisingly, the currency is fighting back in this last day of the week, despite US December Nonfarm Payrolls' miss.
Good trading!