Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength
Dollar continued its reign as the strongest currency for yet another week, bolstered by solidifying expectations around gradual and measured rate cut cycle by Fed. The rate cut from ECB provided some additional tailwind for the greenback. However, momentum behind the Dollar’s rise remains tepid. Strong risk-on sentiment, coupled with sluggishness in U.S. Treasury yields, […] The post Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength appeared first on Action Forex.
Dollar continued its reign as the strongest currency for yet another week, bolstered by solidifying expectations around gradual and measured rate cut cycle by Fed. The rate cut from ECB provided some additional tailwind for the greenback. However, momentum behind the Dollar’s rise remains tepid. Strong risk-on sentiment, coupled with sluggishness in U.S. Treasury yields, […]
The post Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength appeared first on Action Forex.
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