The Traderszone Network

Published in TZ Latest News 2 August, 2014 by The TZ Newswire Staff

Dollar Rally Set to Pause

The US dollar had looked like it was finally finding traction.  The euro was at its lowest level since last November.  Sterling, which had been a market darling, was pushed through its 100-day moving average for the first time since last August, falling about 2.25% since mid-July.  The dollar pushed through JPY103 to trade at its best level since April.  The Australian and Canadian dollars retreated to their lows from early June. 


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