Dollar and VIX Run Remains Elusive, USD/JPY and RBA Charged (Forex Trading Video)
• Both the closely watched Dollar and VIX volatility index made weak efforts to launch a rebound but both fell short of trend
• USD/JPY produced a false breakout among the Yen crosses, while Aussie crosses like EUR/AUD look to the RBA for more permanence
• Monday’s biggest move was easily the US oil surge which has achieved a clear technical break, but what do traders expect?
What are the DailyFX analysts’ fundamental and technical forecasts for the Dollar, Euro, equity indexes and more through the fourth and final quarter of the year? Download the recently-released 4Q forecasts on DailyFX. (
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