Dollar Versus Euro and Loonie December 22nd

FX Strategy Video > Currency Pairs Analysis

EUR/USD rose initially during the Wednesday session as the "risk on" attitude returned to the market. However, the later hours of the session saw selling of Euros as we printed a shooting star for the day. Needless to say - we have to look at the bigger picture as well, and with that in mind.....we aren't selling on the daily chart.

USD/CAD fell during the session, but the Dollar got a bid in the end, and the 1.02 level looks to be supportive yet again. Oil markets continue to push this pair around.

Published on 21st of December 2011
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