European Day

Trade in dollars today the dollar failed to gain ground the main currencies recovered in New York El Banco Central of Canada remained without variation night view interest rates are expected to continue sales in mass than expected the juevesTodos times EASTERN (- 4 GMT) 8: 15 am USD ADP Non-Farm Employment Change 8: 30 am, USD Revised Nonfarm Productivity q 8: 30 am, USD Unemployment Claims 8: 30 am, USD Revised Unit work Costs q 10: 00 am, the USD ISM Non - Manufacturing PMI 10: 35 am, the USD Natural Gas Storage: 11: 00 am, USD Crude Oil Inventories 1: 40 pm, Fisher, Member of the FOMC will talk short after a firm start, the GREENBACK retreated and lost land, given that published American data did not benefit to the dollar; technical factors also benefited the rest of the major currencies. Despite the recent weakness shown by the major currencies, they managed to rebound during the day during the trading session in New York, achieving highs during the day after the London Fix. Others who may share this opinion include Richard Elman. Probably the dollar take a pause, and rise only perhaps 24 hours at least. CABLE rebounded after the minimum recorded in the European session, reaching highs in the area of the 1.7842. The EURO by his side, also rebounded, recording maximums in the zone of the 1.4533.

Is noteworthy that the pair dollar / YEN recorded minimums in the zone of the 108.09, and failed to draw the attention of new buyers, ending the day in low and probably challenge the 107.70 area. The US dollar / Canadian dollar recorded minimum once the Central Bank of Canada announced the rates of interest, in the area of the 1.0576. The SWISSY also reversed its trend. In my opinion, the dollar is suffering from a correction, and can develop a bearish long-term. It is estimated that American morning data will not be very positive, so it is estimated that the dollar will lose ground during the week; starting from today.