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Light changes among major currencies ahead of European trading

In trading yesterday, the dollar was once again the main beneficiary - not by a whole lot though - as Treasury yields also pushed higher. It came after the better-than-expected ISM services report here. And that is keeping with the tone we're seeing since last Friday.The odds for a September rate hike may still be a measly 7% but the data is helping to reaffirm the narrative that perhaps the Fed can stick to a higher for longer narrative. And that is helping to keep the dollar underpinned again... Read More

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Content Topics

Light

Changes

Among

Major

Currencies

Ahead

European

Trading

Forex

Posted: Sep 7 2023, 04:24

Author Name: forexlive

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