The dollar is mixed against its currency peers, rising against the euro following weak eurozone factory data but falling against the Swedish krona and the New Zealand dollar after central banks in those countries held rates steady and sent messages that were less dovish than some had anticipated. The WSJ Dollar Index is little changed at 91.51.
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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