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Dollar loses some ground to start European morning trade

The quieter tones from earlier are starting to break a little, with the dollar now slipping against the major currencies bloc. EUR/USD is up 0.3% to 1.1010 though there are large option expiries likely to keep the pair in check for now. GBP/USD is also up 0.2% to 1.2740 while AUD/USD is up 0.5% to 0.6555 on the day.Overall, the moves aren't saying anything much in the context of price action this week. But let's see how the mood music plays out as gear towards the US CPI report coming up later t... Read More

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Content Topics

Dollar

Loses

Some

Ground

Start

European

Morning

Trade

Forex

Posted: Aug 10 2023, 07:10

Author Name: forexlive

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