European Session: Dow Jones Above 10,000 Spells Doom For The Dollar





G10 Advancers and Decliners vs USD
GBP 0.69
CHF 0.22
EUR 0.19
JPY 0.02
Yesterday morning the USD seemed poised for another brutal session of weakness as the DXY and most major currency pairs looked to have penetrated major technical levels, leaving very little barriers left to restrain the risk appetite trade. However despite JPMorgan reporting an estimate-busting EPS of 82c (consensus 51c) and global stock indices almost universally higher on the day, the DXY has…

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Read more on Dow Jones Industrial Average (DJI), U.S. Dollar (USD) at Wikinvest

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