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Dollar beaten down, what's next?

Dollar beaten down, what's next?
The dollar was battered in trading yesterday, with the selling coming mostly in US trading. It also comes after the ECB but I wouldn't really say that was much of a trigger, apart from perhaps a strong run higher in the euro currency itself.For the dollar, it was mostly a delayed reaction to the FOMC meeting as markets had time to digest things. That also saw risk trades rally hard with all three major US indices closing with over 1% gains on the day.EUR/USD was a strong performer, building on t... Read More
Posted: Jun 16 2023, 04:12
Author Name: forexlive
Views: 081156

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