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Video: US Dollar Bottom May Have Formed Against Euro and Yen

Video: US Dollar Bottom May Have Formed Against Euro and Yen

2013-08-13 12:45:00
Christopher Vecchio, CFA, Senior Strategist
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Currency Analyst Christopher Vecchio (@CVecchioFX) looks at the prospects for a US Dollar rebound, why the Japanese sales tax hike would hurt the Japanese Yen, and forecasts for the EURUSD and GBPUSD in light of recent hesitation at important resistance levels.

See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.

Want to automate your trading or trade baskets of currencies? Try Mirror Trader.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

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