Category: Forex News, News

U.S. Dollar Gains Ground Amid Unrest In France: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY 191026 4h Chart

U.S. Dollar Index gains ground as traders focus on the situation in Europe. In France, protests drew more than half a million people on Saturday. The situation deteriorated quickly, and protests turned into rioting and looting. Italy and several other European countries have also suffered from violent protests over the weekend.

In the U.S., traders focused on NAHB Housing Market Index report. The report indicated that NAHB Housing Market index decreased from 32 in September to 29 in October, compared to analyst forecast of 32.

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