Forex Trading Highlight Today

Trading in the forex market since the beginning of the year, in addition to theexchange rate of the safe haven yen i.e. markets hunted us dollar also remains astrong option. The reason for the market because the dollar collecting strongfundamental currency of the world's largest economy after the Fed raised interest rates see 25 basis points increase mass and is expected to return in the first quarter ofthis year.

An end to American trade sessions early Sunday the u.s. dollar closed stronger and attain the highest position in hamoir one month. While the yen reached the highest position at the close of October dejak pag.

The dollar index which measures the strength of the dollar against six major currencies this morning trousers trimmed his rival and potentially going profit takingday trading by weak market sentiment will be economic data that was released the night later. There are some negative data that will be released as the ADP employment change, trade balance and factory orders data while positive datacoming from the ISM non manufacturing PMI.

The dollar index weakened this morning after opening stronger on 99.39 early Asian session, and is now moving in the range of 99.27 (01:30:00 GMT). For the nextmovement of the forexchair team estimated the index moving in a range of supportand 98,32-98,85 resistant range at 99,78-100,18.