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Dollar selloff runs into a checkpoint

Dollar selloff runs into a checkpoint

It's hard to believe that it has only been a week since the dollar rout was triggered, as a result of a softer US CPI report. That kicked off a correction wave in dollar pairs but right now, we are seeing that momentum wane a fair bit upon meeting key technical levels.

A stronger US retail sales report yesterday did the dollar no harm but perhaps the technical aspect is also playing a role in limiting the next downs... Read More

Posted: Nov 17 2022, 05:46
Author Name: forexlive
Views: 110874

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