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Dollar is once again under pressure as markets head into the US session, with its recent rebound losing steam in the absence of any clear-cut catalyst. While new headlines on tariffs continue to emerge almost daily, these “leaks” could only be seen as reflective of ongoing deliberations within the White House, rather than firm policy. […]

The post Dollar Slips, Euro Bounces, Aussie Awaits CPI appeared first on Action Forex.

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Dollar Strength Persists as Markets Await Fed Speakers
02/04/2024

Dollar Strength Persists as Markets Await Fed Speakers

Dollar stayed broadly firm in Asian session today, after rallying on robust manufacturing data and significant rebound in treasury yields overnight. The spotlight now shifts to upcoming comments from Fed officials, including Governor Michelle Bowman and New York Fed President John Williams, as markets seek clues about the central bank’s monetary easing path. The burning […]
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