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US dollar: Steamroll mode engaged

Fresh highs across the board

The US dollar is at fresh session extremes against the euro, yen and pound sterling. Cable has now broken down to yet another long-term low.

We're hitting the London fix now. I suspect we will see some consolidation now or in the next hour. If you're long dollars, this is probably a good time to take some profits and head to the pub for some champagne.

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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