USD continues to achieve fresh highs – TradeTheNews

FXStreet (Barcelona) - The TradeTheNews Team shares today’s FX setup, while noting USD to be the clear winner today.

Key Quotes

“The USD continued to achieve fresh trend highs against numerous pairs (JPY, AUD and EUR).”

“Euro weakened to test fresh 2-year lows below 1.2325 following disappointing Spanish PMI Services data. Various analyst continued to revise their prediction of ECB outlook with calls now sees QE in March 2015.”

“The USD/JPY hit a fresh seven-year high for the third consecutive day as it approached the 119.50 area.”

“Australia Q3 GDP data missed expectations and this prompted the AUD/USD to fresh 4 year lows around $0.8390.”

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