U.S. Dollar weakens after Euro Breaks Technical Level
The U.S. Dollar is trading lower overnight against all major currencies. Investor demand for higher risk assets has been the driving force along with short-covering. Economic releases have played a limited role in this week’s Dollar movement. However, this may change today following the release of the U.S. Retail Sales Report and Consumer Sentiment. The EUR USD is trading sharply higher after piercing the recent swing top at 1.3735. This reaffirmed the main trend which turned up last