US Dollar continues to weaken after mixed S&P PMIs figures

BY admin admin

The US Dollar (USD) is receding on Friday with the DXY index, which measures the value of the US Dollar versus a basket of global currencies, declining toward 103.45 on the back of mixed S&P PMIs and dovish bets on the Fed.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Caledonia Mining: Interesting Prospects With Rising Gold Prices (Rating Upgrade)

<p>Caledonia Mining could also produce less to save on operating costs, while the expected rise in gold prices should more than offset the lower ounces. Read more here. Read Full Story at source

Forex

Baker Hughes oil rig count -3 to 537

<p>The Baker Hughes rig count for the week shows:</p><ul><li>Oil rigs, -3 at 537</li><li>Nat. Gas rigs, -2 at 133</li><li>Total rigs, -5 at 675</li&g

Forex

ECB's Vujcic is upbeat about a eurozone soft landing, still has a data dependent rate view

<p> Boris Vujčić Governor of the Croatian National Bank and thus an European Central Bank Governing Council member. He spoke in an interview, sounding upbeat on achieving a eurozone soft landing

Copyright © 2024 | WordPress Theme: Xews Lite