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Dollar marginally lower as the session gets underway

The dollar is lightly changed for the most part but it is the riskier/high beta currencies (and these days, that tends to include sterling more often than not) that are benefiting slightly. This comes as we are seeing equities keep slightly higher to start European morning trade. GBP/USD is up 30 pips on the day to 1.2635 but price is still sitting shy of testing its 100-day moving average (red line) at 1.2642:Against the euro, yen, franc, and loonie, the dollar is more or less flattish with nar... Read More

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Content Topics

Dollar

Marginally

Lower

Session

Gets

Underway

Forex

Posted: Aug 29 2023, 07:40

Author Name: forexlive

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