Source: Forexcom News Agency
1 month ago•
Forex Medium Importance
US Dollar Bounce Looks Vulnerable, EUR/USD Respects Resistance for Now

US Dollar Bounce Looks Vulnerable, EUR/USD Respects Resistance for Now

US inflation came in broadly in line with expectations, sending expectations of a September hike down to 40% from 55% just over a week ago. Though it seems forex traders may have been positioned for a weaker set of figures, given the US dollar index traded higher on Wednesday.
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Source: Forexcom
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