The US Dollar (USD) drifted a little lower in quiet trade to start the week yesterday but scope for significant USD losses is limited currently, not least because the rise in US term rates remains hugely USD-supportive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Recent Posts
Categories
Related Articles
More from KC Fed Pres. Schmid: Rates are still somewhat restrictive
The Kansas City Fed Pres. Schmid is back on the wires saying:...
KC Fed Pres. Schmid: Remains to be seen how far interest rates may fall
Remains to be seen how far interest rates might fallCuts are an...
KC Fed Pres. Schmid to speak at 1:10 PM ET
Kansas City Fed Pres. Jeffrey will be speaking at 1:10 PM ET...
AUDUSD bases near support. Stretching to new highs above swing area at 0.6505 to 0.6513.
The AUDUSD moved lower earlier in the day and that move to...
Leave a comment