Subscribe To
Dollar sits mixed on the day, consolidates gains on the week
The snapshot today is that the dollar is down against the commodity currencies but higher against the European currencies and the Japanese yen. The poor PMI data in Europe and UK are proving to be the bane for the euro and pound respectively, while the BOJ failing to walk the talk is weighing on the yen.In a case of bad news is good news, the continued weakness in the euro area and UK economies are putting a stop to the bond selling and US futures are able to trade more sideways on the session -...
Read More
Posted: Sep 22 2023, 11:11
Author Name: forexlive
Views: 110278