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November 8, 2018: The US Dollar has been sold extensively throughout much of the Wednesday, however interesting how the Japanese Yen currency hangs on to a 113 handle and show not enough power to produce a significant move below.
Both the Euro Dollar and British Pound made steady headway against the US Dollar even though those results had been small plus 0.25 percent. The currency movements will be a very important factor to watch especially as the interest in year-end Greenback sets out to be bid.
There is undoubtedly talk how the bid over December 31st surpassed 9.5 percent earlier this week, and we're going to be checking again and follow this as activities unfold.
Archive: Market Commentary of The Forex Market, November 2018 Market Commentary of The Forex Market, October 2018 Market Commentary of The Forex Market, September 2018
Forex Analysis "Chart Book" and Trading Ideas: 1-EUR/USD, 2-GBP/USD, 3-USD/CHF, 4-USD/JPY, 5-USD/CAD, 6-AUD/USD, 7-NZD/USD
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