Dollar

With a lack of a catalyst this week on the forex market, the direction of EUR/USD may come down to which central bank can do the best job of talking down interest rate expectations When the ECB met on October 28th, Christine Lagarde said that the only topic of discussion was “Inflation. Inflation, and Inflation”. And rightly so!! The next day…

With the exception of NZD, major currencies remained in tight ranges of less than 0.1%. The New Zealand dollar is currently the strongest currency today on the forex market, rising 0.2% against the greenback. AUD/JPY is currently the strongest cross, with prices remaining above trendline support mentioned in today’s Asian open report. As…