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Dollar holds slightly lower so far on the day
The fact that EUR/USD is sitting within a 20 pips range exemplifies the lack of appetite so far today in the major currencies space. USD/JPY is arguably the only notable mover, down 0.6% to 136.50 levels at the moment:
There are a few factors at play as to why that is the case, so pick your poison:
- The resistance at the 200-day moving average (blue line), seen at 137.44... Read More
Posted: Mar 9 2023, 08:32
Author Name: forexlive
Views: 082114