Sentences with phrase «favor dollar gains»
«The bigger picture is still going to favor dollar gains against these currencies,» Simon Smith, chief economist at FxPro, told CNBC on Friday.
https://www.cnbc.com/ Not exact matches
While U.S. economic data has not given the dollar much reason to extend gains, data from the Eurozone has surely not done the euro any favors.
Conversely, if price moves in your favor twice the distance you set for your stop loss (say you're risking 3 dollars per share, and price moves 6 dollars in your favor), then you could close your trade with a 2 % gain, having achieved a reward that is twice what you risked.
Fundamentals: Yesterday, Philly Fed Manufacturing data did not do Gold any favors, but just as we discussed for the Euro on last night's FX Rundown, the Dollar did not extend gains; this should elude to a directional exhaustion.