Asian Session – Dollar regains some ground in quiet trading
Posted on February 20, 2015 at 8:21 am GMTThe bout of profit-taking on the US dollar looked like ending during the past couple of sessions, as a drop in weekly US jobless claims data caused traders to reestablish dollar longs. In addition, there was confidence that the Fed was going to raise interest rates by the end of this year, even though the likelihood of an early rate hike had diminished after the relatively dovish Fed minutes. According to some market experts the US was still “the only [..]