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Dollar somewhat held back with month-end in focus

The greenback is seeing some back and forth action so far this week but is starting to gather back some poise ahead of European morning trade today. EUR/USD is down 0.35% to 1.0695 while GBP/USD is down 0.23% to 1.2385 with the dollar holding a decent advance against the commodity currencies as well.USD/JPY though is little changed as price action continues to keep under 140.00 for now, following yesterday's fumble. The pair is now trading in between its 100 and 200-hour moving averages, so the... Read More

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Dollar

Somewhat

Held

Back

With

Month

End

Focus

Month end

Forex

Posted: May 31 2023, 04:07

Author Name: forexlive

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