Dollar Weakens Further on Risk-On Mood, Canadian CPI Takes Center Stage
Dollar continued its decline overnight as risk-on sentiment prevailed, with S&P 500 and NASDAQ notching their eighth consecutive positive session. Investor optimism has been buoyed by recent economic data suggesting that the US economy is on track for a soft landing, sidestepping a recession. However, it’s important to remember that despite the recent gains, major […] The post Dollar Weakens Further on Risk-On Mood, Canadian CPI Takes Center Stage appeared first on Action Forex.
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Dollar continued its decline overnight as risk-on sentiment prevailed, with S&P 500 and NASDAQ notching their eighth consecutive positive session. Investor optimism has been buoyed by recent economic data suggesting that the US economy is on track for a soft landing, sidestepping a recession. However, it’s important to remember that despite the recent gains, major […]
The post Dollar Weakens Further on Risk-On Mood, Canadian CPI Takes Center Stage appeared first on Action Forex.
