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Dollar keeps steadier to start European morning trade

As stocks are losing a bit of ground to start the session, the dollar is finding a decent footing now. Looking to the antipodeans, AUD/USD is down 0.3% to 0.6635 with NZD/USD down 0.2% to 0.6270 on the day as the narrow ranges from earlier start to stretch out.However, the more important chart remains that of EUR/USD in my view. The pair continues to flirt with levels around its 100-day moving average at 1.0810 as we see price fall below that and just under 1.0800 currently:The softer French PMI... Read More

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Dollar

Keeps

Steadier

Start

European

Morning

Trade

Forex

Posted: May 23 2023, 07:25

Author Name: forexlive

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