US Dollar steadies as investors brace for US GDP, PCE data ahead of Christmas

BY admin admin

The US Dollar (USD) trades broadly stable on Monday, licking its wounds after the sharp decline fuelled by the US Federal Reserve (Fed) Chairman Jerome Powell’s comments signalling that rate cuts are due in 2024.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Navigating Unsettled Waters: A Deep Dive into Financial Shifts

<p>The financial winds are changing, and the flags of caution are being hoisted by the very institutions that navigate them. But it’s not just about being alert—it’s about understand

Forex

Long-term soybean trading opportunity

Forex

DAX Buying The Dips At The Blue Box Area

<p>Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX published in members area of the website. DAX is showing impulsive bullish sequences i

Copyright © 2024 | WordPress Theme: Xews Lite