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Dollar extends gains in European trading

It's one-way traffic in the FX market today as the dollar is pulling higher across the board. The mood today is helped by higher Treasury yields once again, which was what helped to put a bid in the greenback last Friday after the US jobs report. EUR/USD is now down over 0.4% to its lowest levels in nearly three months:The push lower resumes the break below 1.0800 and the 200-day moving average (blue line) from the end of last week. This puts sellers in control and with the potential to eye a mo... Read More

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Content Topics

Dollar

Extends

Gains

European

Trading

Forex

Posted: Sep 5 2023, 08:42

Author Name: forexlive

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