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Dollar has mixed Day so far – Video Analysis

Market Analysis

Dollar has mixed Day so far – The dollar is mixed relative to Friday’s close, a bit lower versus the euro and pounds, while slightly higher against the yen and CAD. Friday’s strong U.S. jobs report continues to resonate in the FX market, with the data being good enough to shift dollar sentiment to a more favorable footing.

The key mover for the rest of the day will be Fedspeak, which returns wit a presentation by St. Louis Fed’s hawk-dove Bullard on the U.S. economy and monetary policy, while Minneapolis Fed’s dovish dissenter Kashkari will moderate a Rotary Club Q&A session.

Meanwhile , another winning trade taken in Live Analysis webinar last week, closed today with net gain at +406 pips.

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Stuart Cowell

Senior Market Analyst

HotForex

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