stopping the USD decline with currencies still very well bid against the buck

There is no stopping the USD decline with currencies still very well bid against the buck even in the face of some equity declines on Wednesday. It appears as though the FX market is once again leading the way and only it will determine when the appropriate time is for a shift in the construct and direction of the markets. The Euro has easily held above the 1.5000 mark to suggest some more bullish continuation, with the single currency rallying to a fresh yearly high by 1.5060 in Asia. Meaningful highs are rarely made in Asian trade and as such, market participants can be sure to expect a retest and break of this level over the coming hours. More often than not, the pattern has been one in which the US session determines the high and lows.
There is no stopping the USD decline with currencies still very well bid against the buck even in the face of some equity declines on Wednesday. It appears as though the FX market is once again leading the way and only it will determine when the appropriate time is for a shift in the construct and direction of the markets. The Euro has easily held above the 1.5000 mark to suggest some more bullish continuation, with the single currency rallying to a fresh yearly high by 1.5060 in Asia. Meaningful highs are rarely made in Asian trade and as such, market participants can be sure to expect a retest and break of this level over the coming hours. More often than not, the pattern has been one in which the US session determines the high and lows.