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Dollar under pressure as traders await U.S. loans data

Dollar under pressure as traders await U.S. loans data
FULL STORYThe dollar began the week under pressure on Monday, with traders betting it might have peaked along with U.S. interest rates while keeping a wary eye on looming inflation and loans data.Later Monday, the Fed's loan officer survey might show whether and how hard banks are tightening up on credit after three U.S. lenders failed over recent weeks - which could weigh on the dollar if it puts downward pressure on interest rates. Traders will also be watching headlines from Capitol Hill as l... Read More
Posted: May 8 2023, 09:02
Author Name: forexlive
Views: 110689

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