The greenback's trade today High volatility is observed on the market The USD / CAD broke the 1.2000 area Night view Dual Action It is expected that the USD is expected maintain its minimum for Monday times EASTERN ( -4 GMT) 11:00 am USD ISM Manufacturing PMI 11:00 am USD Construction Spending m / m 11:00 am USD ISM Manufacturing Prices To end the week, the greenback suffered from high volatility, and no double faults action, given that economic data left little to be desired. Initially low, the greenback subsequently recovered after the London fix, and many traders decided to buy dollars, which the American currency remained firm. Also, economic data produced and led several operators to sell the American currency, and between buying and selling, the greenback suffered from high volatility, especially at midday in New York. USD / CAD reached highs in the 1.2310 area, and new lows at 1.1941 in the afternoon. Added crude pressure on the American currency. The book reached new lows in the 1.6003 area and then reach 1.6200, and is estimated to sharp swings continue to be observed.
The euro remained in the area of 1.2700 throughout the day. Closing the day was around 1.2750 and it is estimated that the firm will begin next week. USD / JPY, after the London fix, reached highs in the 99.14 area, and then the 96.33 area. The pair closed in the area of 98.50. It is estimated that the dollar will continue to suffer from high volatility in the coming week, and although the stock market was rising, is likely to continue to monitor dual action.