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.
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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