The American Dollar recovers from two-week lows in holiday-thinned market

The American Dollar recovers from two-week lows in holiday-thinned market

By: Oliver Miller | Where To Trade | On:Wednesday, 04 January 2017
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Venezuela Government Said to Sell 5 Billion dollar of New Dollar Bonds.
The American Dollar recovers from two-week lows in holiday-thinned market.

The expected trading range for crude oil today is 52.65 support to 56.00 resistance. The expected trend for today is bullish.

The EUR/USD exchange rate could go "well below parity" in 2017, according to analysts. The EUR/USD pair faces more negative pressure and the expected trend for today is bearish. The pair closed at 1.0406 in the previous session. 

The AUD/USD pair is expected to have a trading range at 0.7063 support to 0.7250 resistance and the expected trend for today is bearish. The pair closed at 0.7219 in the previous trading session.

Video Summary:

  • Europe: The EUR/USD exchange rate could go "well below parity" in 2017, according to analysts
  • Australia: The expected trend for today is bearish
  • United States: The American Dollar recovers from two-week lows in holiday-thinned market.

 

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