US Dollar extends losses after US CPI, Fed decision looms

BY admin admin

The US Dollar (USD) is currently undergoing a slight retreat as the DXY index trades at 103.95 after the release of November’s Consumer Price Index (CPI) figures from the US, which fueled dovish bets on the Federal Reserve.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

EUR/USD Remains Above 1.2140

<p>Since Wednesday afternoon, the EUR/USD currency pair has been testing the support level at 1.2140. Given that the exchange rate is pressured by the 55– and 100-hour moving averages near 1.218

Forex

KPMG report unveils the surprising benefits of Bitcoin’s ESG

<p>KPMG, a prominent player in the realm of professional services, has unveiled a comprehensive report delving into the intersection of Bitcoin and ESG (environment, social, and governance) cons

Forex

BidFX Changes Corporate Identity to SGX FX Systems, Tradename Remains Same

<p>London-based BidFX System Ltd, a cloud-based electronic forex trading solutions provider, has rebranded its corporate name to SGX FX Systems UK Ltd, echoing the branding of its parent Singapo

Copyright © 2024 | WordPress Theme: Xews Lite