Dollar index spiked higher from 89.2 to 90.1 in the space of 5 hours. It caught many traders off guard. This was largely due to the spike in the Libor - OIS spread widening over the last few days. The spike in Libor meant there was a shortage in dollars for overnight borrowing between banks. Such shortages happen during year ends and quarter end.

Please read below on the next moves and our analysis on USDCAD and USDJPY. Both these swing trades are now added to Trade sheet . You can subscribe to trade sheet via Platinum Membership. Trade sheet is for clients who want to trade manually on their own while the trade copier is where we deploy our powerful BUILDERFX trading system from signals on our account to copy to your live account. If you would like to take trade copier, please contact us here : Contact Us


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