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USD hits a 3 ½ month high. ECB Press Conference will drive EUR/USD today

April 26, 2018

The US Dollar continues what has been a virtually uninterrupted advance over the past 10 days. Yesterday its index against a basket of major currencies opened around 90.40 and reached a high late in the London afternoon of 90.80; its best level since January 12th. It has broken above its 100-day moving average and now eyes the 200-day measure at 92.00. The move has ...

Today's expected ranges:

USD / CAD
1.2610 – 1.2705 ►

EUR / USD
1.2270 – 1.2350 ►

GBP / USD
1.3990 – 1.4180 ▼

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