The US dollar is making its way back up, with significant rises across the board. This seems like a comeback after the greenback lost ground yesterday on weak consumer confidence and some sort of pricing in of the Fed hike. Well, a hike is still a hike and this is different from many other central banks. The trend is still bullish USD.
EUR/USD is 60 pips down from the highs, hitting support at 1.0630. Update: it is falling below this level. The next support line is 1.0590, with 1.0530 following next.
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