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Dollar Advances on Dovish BOJ, Weaker Euro – Markets Await Release of Key US PCE Report

Dollar Advances on Dovish BOJ, Weaker Euro – Markets Await Release of Key US PCE Report
The US dollar index rose to one-week high in European session on Friday, lifted by dovish BOJ, after the currency escaped from stronger negative consequences from much weaker than expected US Q1 GDP, as consumer spending accelerated on rising inflation, partially offsetting negative impact. Expectations that the Fed would opt for another 25 basis points […] The post Dollar Advances on Dovish BOJ, Weaker Euro – Markets Await Release of Key US PCE Report appeared first on Action Forex... Read More
Posted: Apr 28 2023, 12:13
Author Name: actionforex
Views: 111191

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