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Dollar gets to work in the new week

The dollar is picking up from where it left off last week as gains are coming through once again. EUR/USD is down 0.2% to fresh ten-week lows at 1.0685 while USD/JPY is touching 140.90 as buyers look to extend the break above the 140.00 mark and are eyeing 142.00 next:And that comes despite Treasury yields holding slightly lower after the long weekend and equities also holding minor gains ahead of European morning trade.For the dollar, it's mostly about the turnaround in the Fed outlook as marke... Read More

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Posted: May 30 2023, 06:34

Author Name: forexlive

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