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US dollar slimbs as the market preps from another round of economic data

The US dollar is at the highs of the day against the euro and pound.It's been a mixed picture following ADP data and the quarterly refunding announcement. Both put downward pressure on yields and that helped to lift AUD/USD but elsewhere the dollar is strengthening.Cable fell through yesterday's low of 1.2120 and appears destined to be stuck to 1.20 indefinitely. Eyes are on a series of data release at 10 am ET in the US with construction spending, JOLTS and ISM manufacturing. Then at 2 pm ET we... Read More

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Content Topics

Dollar

Slimbs

Market

Preps

From

Another

Round

Economic

Data

Forex

Posted: Nov 1 2023, 13:18

Author Name: forexlive

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