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March, 26 - dollar is shaping up to be a big problem

Survey of about 5,000 households that asks respondents to rate economic conditions in the country as well as overall economic situation – that is what a report of consumer confidence all about. And USA are facing their report right now. And the reaction of the greenback is far from what we expected to see. For starters, there is nothing definite about the future movement of the dollar. The only thing that is for sure is that greenback doesn’t like the report at all.

 

usd 26.03.2019

 

Although we see no definite downtrend, it is clear that we are not seeing any growth. The price is consolidating and right now we are just waiting for the future actions that might tell us more about the intentions of the greenback.

 

It is simply impossible to determine what direction the greenback is going to go in as traders are still trying to come up with their decision on the currency. Using your trading signals is going to help you know more about the current situation.

 

Lang

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