Euro Pressured by Weak Investor Confidence Sentiment, Dollar Edges Higher
Dollar strengthened modestly in today’s quiet trading as market participants continued to scale back expectations for a more aggressive 50bps rate cut by Fed this month. However, the greenback’s momentum remains modest as it awaits a crucial test from the upcoming US CPI data this week. Stabilizing risk sentiment is also keeping a lid on […] The post Euro Pressured by Weak Investor Confidence Sentiment, Dollar Edges Higher appeared first on Action Forex.
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Dollar strengthened modestly in today’s quiet trading as market participants continued to scale back expectations for a more aggressive 50bps rate cut by Fed this month. However, the greenback’s momentum remains modest as it awaits a crucial test from the upcoming US CPI data this week. Stabilizing risk sentiment is also keeping a lid on […]
The post Euro Pressured by Weak Investor Confidence Sentiment, Dollar Edges Higher appeared first on Action Forex.
