After rising during the early portion of today’s London session, the U.S. dollar index reached an area which has been historically significant over the past couple of years. From that point forward, the dollar basically remained flat against the euro through the London close. Although there were some opportunities to scalp the British pound pairs, capital preservation was arguably the most prudent position during today’s New York session. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - Sept 29, 2009
Source: blogs.fxstreet.com
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