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Old 09-08-2005, 15:43   #6
michlou
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Re: Dollar sentiment is clearly negative now

Quote:
Originally Posted by 4X4X
Hello,

Having seen today's move on very positive NFP and associated numbers clearly shows that dollar market sentiment is now getting weaker. What you guys have to say about it?

I don't really agree. It seems everything has moved so far so quickly that things need a bit of reset before continuing. In the coming days if the GBP can hold above 1.7911 then sentiment may have changed otherwise it is a sideways market.
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