Forex Today: Dollar buyers struggle for a reason – by ValBednarik EURUSD XAUUSD Equities CryptoCurrencies Sentiment
The week started with the greenback trying to recover the ground lost on Friday, but the American currency ended up losing further ground against its major rivals. The dollar accelerated its decline late in the US session as, one of which is renewed speculation theis near a pivot on monetary policy. The central bank is expected to ease the pace of quantitative tightening regardless of Chair Jerome Powell´s hawkish comments. Another factor is China.
helped the shared currency, with Industrial Production improving by more than anticipated in September.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Forex Signal: Relief Rally Has More Room to RunThe EUR/USD pulled back to the highest level since November 2 after the relatively robust American jobs data.
Read more »
BTC/USD Forex Signal: All Signs Point to a Strong BullishThe BTC/USD price continued consolidating on Monday morning as investors waited for the next catalyst.
Read more »
Stocks rally, dollar dips as investors cling to China COVID optimism By Reuters*U.S. STOCK FUTURES RISE TO START THE WEEK AS INVESTORS LOOK AHEAD TO U.S. CPI, MIDTERM ELECTIONS - 🇺🇸 🇺🇸
Read more »
GBPUSD reclaims 1.1400 on weaker US DollarThe British Pound extended its gains during the North American session due to upbeat market sentiment spurred by a seasonal US mid-term elections rall
Read more »
Bitcoin heads to US midterms as research says dollar ‘closing in’ on a market topBitcoin bulls fail to regain a foothold as BTC stays lower on the Wall Street open, and the U.S. midterms could make things even trickier. (Reporting via WilliamSuberg)
Read more »