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Dollar loses a bit of ground to start the session

And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to roughly 30 pips in a push to 1.0800:It's a decent one but buyers will have to push back above the 200-day moving average (blue line) at 1.0817 to really relinquish the downside bias from Friday.Meanwhile... Read More

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Dollar

Loses

Ground

Start

Session

Forex

Posted: Sep 4 2023, 07:29

Author Name: forexlive

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