FXO 16-04

There isn't much to really take note of for the day. As such, trading sentiment will continue to rely more on the overall market mood instead. And at the moment, the prevailing narrative is in favour of a stronger dollar as Fed rate cut bets are pared while geopolitical tensions are stirring safety flows.

The technicals will be your best bet in gauging the momentum of these moves.

For more information on how to use this data, you may refer to this post here.