Forex - US Session: Rally Following China Stimulus Plan Short Lived

The dollar ended mostly flat against the majors in the US trading session. The EurUsd rose roughly 30 pips to the mid range of 1.27, while the UsdJpy traded through previous support to the high 97 level. The GbpUsd slipped 20 pips putting the pair in the low 1.56 price area. Equity markets suffered losses with the Dow down nearly 1% or 73pts and the SPX (S&P500) lower by 1.27% or 11.78pts



Go to Full Article