SubscribeStrong Equity Market Gains Put The Dollar Under Renewed Pressure
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The strong performance of equity markets today has ensured the USD remains under selling pressure and most major currency pairs remain at elevated levels against the USD in their recent ranges. In Europe, the FTSE is up around +2.1%, DAX +2.4%, and in the US, the S&P is up nearly +1.7% at the time of writing. Consequently, the flow of USD selling has been persistent throughout the day, and… | ||||||||||||||||||||
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