Dollar Surges Ahead this Morning!
Trade of the Day
EUR/USD may make a comeback
There may be a comeback on the cards for the EUR/USD pair. Traders have had a lot of confidence when it has come to the EUR/USD pair. Traders have felt like it is a good idea to go long on the pair due to the ability to make some very high returns each trading day.
USD much higher now
Traders have a lot of confidence in the USD at the moment, which is after it made some very big losses in previous trading days due to there may be a lot of bullish sentiment in the forex market. However, the reality is that the greenback was largely oversold. As a result, traders have taken the chance to go long on the USD in the latest round of trading.