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US dollar fallas broadly

US dollar fallas broadly

There isn't a clear catalyst for the improved sentiment in markets and fall in the US dollar but they've come at the same time. S&P 500 futures are now up 20 point and commodity currencies are leading the charge against the dollar.

The loonie is particularly strong today after a jump in oil prices in Texas on the shutdown of the Keystone pipeline due to a leak. I think that's the wrong takeaway because the pipeline transports oil from north to south and is likely to further exacerbate t... Read More

Posted: Dec 8 2022, 13:39
Author Name: forexlive
Views: 102275

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