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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe parities regained some volatility after the FOREX seemed off. In the process, the Dollar backtracked. It recorded losses against most currencies on Monday.
The Dollar lost 0.5% against the Euro towards 1.210, -0.6% against the Yen at 104.60 and -0.65% against the Swiss Franc at 0.89302. It resists against the Canadian dollar and yields only 0.3% against the 'austral' currencies.
The greenback returns to its January 28 levels and invalidates its short-term uptrend channel by falling back below 1.2100/E. Now the markets are wondering if the dollar can rise further.
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