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US Dollar, Japanese Yen Pull Back as Evidence Points Toward Some Stabilization in Hou

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The US dollar was easily the weakest of the major currencies on Tuesday, as the DXY Index pulled back from key resistance. Looking at the major currency pairs, both EUR/USD and AUD/USD rebounded from rising trendlines extending from their October lows at 1.2705 and 0.6300, respectively, while USD/CAD pulled back...

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