The dollar shrugged off a slate of weak economic data Monday to trade higher against the euro, yen and pound, benefiting from a surprise rate cut from the People’s Bank of China.The ICE U.S. Dollar Index, a measure of the greenback’s strength against a trade-weighted basket of six rival currencies, DXY, -0.17% rose 0.2% to 95.47.
#EURUSD may pop today but will be a head fake.... it's not time to go long euro if my calculations are correct. Fed "Patience" or no "Patience" I'm not concern with. Time is the most important factor. WD Gann