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Dollar eases lower in European morning trade

Equities are pushing the early gains further after the opening hour in Europe and that is putting a slight drag on the dollar now. EUR/USD is up 0.3% to 1.0930 and is knocking on the door of its 100-day moving average:Tech shares are leading the way once again as dip buyers step in, with Nasdaq futures up 0.4% and S&P 500 futures now up 0.3% on the day.The greenback is seen easing lower, with USD/JPY also down 0.3% to 145.70 from around 146.00 earlier and GBP/USD is up 0.3% to near 1.2800 curren... Read More

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Dollar

Eases

Lower

European

Morning

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Forex

Posted: Aug 22 2023, 08:08

Author Name: forexlive

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