Forex Consulting

Dollar continues its decline in year-end trading

Same old story in the FX market as the USD extends losses in the final trading day of 2017 The year-end final week theme continues, as the dollar remains on the backfoot today. CNY leads gains after the PBOC strengthened the yuan at the fix to its highest point in 3 months. Should USD/CNY remain…

Forex Consulting

Euro high in striking distance into 2017 finale

Audio recap of today’s trade There was a notable pickup in this latest US Dollar slide, already presenting against the commodity bloc currencies on Wednesday, with the major currencies starting to make some moves on Thursday. This puts the Euro in striking distance of the 2017 high into the final trading day of the year.…