Even the US durable goods orders were stronger than anticipated with a 3.3% growth for August following a 5.3% fall in July and also the inherent orders were company which will fortify optimism over the market. The dollar is trapped only poorer than 1.20 from the Euro and is trying hard to regain momentum. This will boost the danger of feeble gain carrying on long dollar positions using a movement towards 1.2070.

Analysis provided by http://www.fxtoday.co.uk