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Dollar’s Conundrum: Bullish Factors Met with Lackluster Gains

Despite a confluence of favorable conditions that are typically Dollar bullish — a decidedly hawkish Federal Reserve, plummeting stocks, and soaring yields — the greenback’s response was unexpectedly tepid last week. While it managed to gain ground against European majors and Yen, it faltered when squared against the robust commodity currencies. Dollar Index, a measure […] The post Dollar’s Conundrum: Bullish Factors Met with Lackluster Gains appeared first on Action Forex...
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Posted: Sep 23 2023, 09:54
Author Name: actionforex
Views: 091032