We got solid data in the United States. Good GDP and Good Jobless claims. As the US is inside in a tightening process, the contrary of many overseas economies that are in easing measures, good data means a sooner Fed hike rate, while bad data is understood as later hike rate. Today good data means sooner hike rate, so USD bullish.
Dollar will continue its advance against most of its counterparts. However, Valeria Bednarik @ValBednarik from FXStreet says she would wait in the short term t confirm the next market move; but if the EUR/USD breaks below 1.0920, there are good changes the Euro to Dollar will go down to 1.0820.
The story is different with the British Pound as many BoE members affirmed that a UK rate hike would happen soon. Perhaps the GBP/USD won't rally, but the British Pound has many possibilities to fight back the Greenback. The UK would be the second economy going into the tightening path, possibilities of a rate hike are around the first half of 2016.
Long story short, positive news in US means sell the EUR/USD and AUD/USD while buying the USD/JPY.
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