U.S. Dollar Mostly Lower as End of Quantitative Easing Approaches
The Greenback was mostly lower against the majors in the overnight as appetite for risk steered the market into higher yielding assets ahead of the last day of the Federal Reserve’s quantitative easing program.
Forex: Euro Relief Rally To Taper Off, Sterling Searches For Support
The Euro pared the overnight advance to 1.4520 and the relief rally in the single-currency appears to be coming to an end as the economic outlook foreshadows a slowing recovery in Europe.
Crude Oil, Gold May Stall to Digest Gains But Setup Favors Gains
Crude oil, gold and silver have taken out key resistance and are positioned for further gains but a period of consolidation is reasonable after recent volatility.
