Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum

Dollar has started to ease after a strong rally this week, alongside US Treasury yields. While the greenback is consolidating gains against European majors and Yen, there’s little indication of a substantial pullback for now. Against commodity currencies, Dollar still holds potential for additional gains. Still, traders may avoid large moves ahead of the weekly […] The post Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum appeared first on Action Forex.

Nov 4, 2024 - 01:43
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Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum

Dollar has started to ease after a strong rally this week, alongside US Treasury yields. While the greenback is consolidating gains against European majors and Yen, there’s little indication of a substantial pullback for now. Against commodity currencies, Dollar still holds potential for additional gains. Still, traders may avoid large moves ahead of the weekly […]

The post Dollar Cools as Yields Stabilize, Gold Rally Loses Momentum appeared first on Action Forex.

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