Weekly Review and Outlook: Dollar Extended Rebound as Eurozone Credit Concern Intensified
Dec 19, 2009 in Grow Financially, Investment Protection, Opportunities
Dollar rode on intensified credit concern in the Eurozone and optimistic tone of FOMC statement to extend recent rebound broadly. Technically, EUR/USD dropped further away from the 55 days EMA which is inline with the view of medium term reversal. AUD/USD also completed a head and shoulder top last week…
