Risk Sentiment Steadies as Dollar Softens, GBP/CAD Eyes UK and Canada Data
Risk sentiment appears to have stabilized heading into the weekend, despite stronger-than-expected US inflation data released overnight. The report didn’t cause any significant shifts in market expectations regarding Fed’s rate cuts. Stock markets also showed resilience, with major US indexes closing only slightly lower. Dollar, however, has lost some momentum, turning softer against both Swiss […] The post Risk Sentiment Steadies as Dollar Softens, GBP/CAD Eyes UK and Canada Data appeared first on Action Forex.
Risk sentiment appears to have stabilized heading into the weekend, despite stronger-than-expected US inflation data released overnight. The report didn’t cause any significant shifts in market expectations regarding Fed’s rate cuts. Stock markets also showed resilience, with major US indexes closing only slightly lower. Dollar, however, has lost some momentum, turning softer against both Swiss […]
The post Risk Sentiment Steadies as Dollar Softens, GBP/CAD Eyes UK and Canada Data appeared first on Action Forex.
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