After the flat performance yesterday, the greenback decided to get its groove back and take matter into its own hands. Even though this morning we saw more or less calm performance from the American currency, right now we see how bullish it can actually be.
Even though American markets are closed for the holidays, dollar trading doesn’t stop around the world. And traders are still trying to figure out whether they like the perspective of the trade talks between China and US or not which brings us to the constant selloff of the greenback and its consequent buy-back.
Will the situation change in the nearest future? well, a lot of currencies and other assets depend on the performance of the USD. Most of the are going to suffocate under the growing dollar and lose their momentum, which is going to lead to their selloff in its turn.
So, what will it be? Will that traders send the greenback down or will it stand strong? Find out by using your trading signals right now!