XE Market Analysis: North America – Mar 20, 2017

The USD index hit a fresh six-week low at 99.86, extending the run lower since last Wednesday’s less hawkish than anticipated FOMC guidance. The index lifted off its lows, but at 100.01 was still down by over 1.6% since the Fed’s announcement, as of the late London AM session. Downside momentum has been abating over the last two sessions, and the index is looking set for a consolidation phase. The U.S.

Source: XE news feed
XE Market Analysis: North America – Mar 20, 2017