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Dollar holds steady ahead of European morning trade

The greenback held its ground in trading yesterday, helped out by a couple of US data points - most notably retail sales. USD/JPY in particular maintained a push above 136.00 and is now perhaps looking towards its 200-day moving average at 137.04 next.In broader markets, equities slipped while bond yields nudged higher as markets bump up Fed rate hike odds by just a tad. A 25 bps rate hike probability is still only at 18% though, so it isn't saying a lot - at least for now.So far today, major cu... Read More

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Dollar

Holds

Steady

Ahead

European

Morning

Trade

Forex

Posted: May 17 2023, 04:02

Author Name: forexlive

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