As we can’t really talk about anything else but about the performance of USD today, it is good to see dollar rake some of its positions back as banks around the world go on with changing monetary policies. Like that, National Bank of Norway rose interest rates, feeling the strength of the currency and Bank of England left their rates unchanged as economic situation in the country is not certain while we are waiting for European decision on postponed Brexit.
After the horrific fall that we saw last night a recovery didn’t really make us wait too long for itself. Although the reaction of other segments of the market is yet to be seen we can say that dollar came out of the woods pretty fast.
In times like that importance of trading signals is seen more than ever.