menu search

Dollar Rally Faltered, With Focus Turning to ADP Jobs

Dollar Rally Faltered, With Focus Turning to ADP Jobs
Dollar’s attempted rally quickly reversed overnight, following disappointing consumer confidence data. Interestingly, equities gained on what some market participants are calling a “bad news is good news” factor. The logic here is that Fed is now less likely to raise interest rates again this year, thereby giving stocks a lift, as Treasury yields also took […] The post Dollar Rally Faltered, With Focus Turning to ADP Jobs appeared first on Action Forex... Read More
Posted: Aug 30 2023, 06:36
Author Name: actionforex
Views: 111677

Search within

Pages Search Results: