Markets

Dollar tumbles to new low

EURUSD, GBPUSD, USDJPY, USDCHF all trading at new extremes

We know about the EURUSD push to new highs. Most of the dollar weakness is against the EURUSD but the GBPUSD, USDJPY and USDCHF are all pushing to new extremes.

The GBPUSD has pushed above the 1.5125 level The next target looks toward the 1.5166 level.

The USDJPY fell toward the lows from Nov 25 and Nov 27th

The USDCHF is moving to test the 0.9900 level This is near the high from August and the 50% of the move up from the October low.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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