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Watch USDJPY, GBPUSD Should Dollar Reverse Higher

Watch USDJPY, GBPUSD Should Dollar Reverse Higher

2013-08-09 04:13:00
John Kicklighter, Chief Strategist
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The USDollar dropped for a fifth consecutive day Thursday - matching the longest slide since January 2012 - despite a stable view on risk trends and Taper speculation. That marks the greenback as potentially fundamentally oversold. In today's video, we look at the backdrop that will guide the dollar and the technical setups that have presented themselves across the majors and yen crosses.

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