The US dollar is under broad pressure as risk trades improve and we tick towards the weekend. Earlier, Treasury yields were low and that that should have weighed on the dollar but didn’t.
AUD/USD has rose to the highest since July 21 in the latest leg.
This article was written by Adam Button at www.forexlive.com.
Related Articles
SocGen: Short-term trade – Sell EUR/JPY
SocGen sees selling EUR/JPY as the best short-term trade, given the divergence...
NZDUSD continues the rebound started on Monday and extends above an old ceiling.What next?
The NZDUSD bottomed on Monday within pips of the low from 2022....
China initiates WTO dispute complaint regarding US tariff measures
WTO complaints are a long process, typically taking several years. In addition,...
S&P 500 erases loses, turns positive despite a big decline at Alphabet
Alphabet shares were a big drag on stocks earlier today and the...
Leave a comment