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Dollar loses further ground on the day

Dollar loses further ground on the day

This comes as equities are looking fairly optimistic so far on the session, with S&P 500 futures now up 12 points, or 0.3%, on the day. The dollar is being pressured further with USD/JPY now falling to 135.60 levels and threatening a push back below its 100-hour moving average (red line):

The key hourly moving averages have been a particularly sensitive near-term level for the pair on the way up in February, as high... Read More

Posted: Mar 1 2023, 09:11
Author Name: forexlive
Views: 110851

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