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A couple of light releases coming up in Europe today

A couple of light releases coming up in Europe today
The dollar is coming under heavy pressure as we move towards the end of the week. There are potentially a couple of key technical breaks across the board as highlighted here and that may lend itself to a further downside leg for the greenback in the near-term.The market thinking now is that there will only be one more 25 bps rate hike in May, before the Fed pauses in June and then considers rate cuts in the subsequent months. That is evident by the pricing as outlined here yesterday. That view i... Read More
Posted: Apr 14 2023, 05:10
Author Name: forexlive
Views: 082061

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