Thursday , 30 January 2025
Home Forex DXY: FOMC, 4Q GDP, core PCE this week – OCBC
Forex

DXY: FOMC, 4Q GDP, core PCE this week – OCBC

Prelim services PMI’s downside surprise was the latest driver to weigh on USD, which has been down for most of last week amid unwinding of trump trade after markets were disappointed with no immediate tariffs.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

GBP/USD Price Forecast: Bearish outlook remains in play below 1.2450

The GBP/USD pair trades with mild gains around 1.2445 during the early...

ECB set to wrap up the central bank bonanza this month

The central bank will be cutting rates by 25 bps today and...

USD/CHF remains steady near 0.9050 ahead of Swiss Trade Balance data

USD/CHF steadies after two consecutive days of gains, trading around 0.9070 during...

US futures sit higher so far on the day

Tech shares are the ones looking to bounce back again with S&P...