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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-06-24 10:05:04

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Retreats as Demand Wanes at the Start of the Week =============== #b9c27144 ...

US Dollar Retreats as Demand Wanes at the Start of the Week
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#b9c27144 ver:1.93

The US dollar retreats as demand weakens at the start of the week, despite reaching a two-month high. EUR/USD trades near 1.0700, while GBP/USD remains range-bound. Gold prices recover from a dip after reaching a two-week high. Mixed US economic data and decreased probability of a rate cut in September contribute to the dollar's decline. The euro remains strong despite weak German IFO data. The Canadian dollar gains momentum after Canadian retail sales. #USD #EUR #GBP #gold #economy #forex...

#newstr #UsDollar #EconomicData #Eurusd #GermanIfo #Boj #CanadianDollar #RetailSales

https://here.news/story/b9c27144?ver=1.93
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