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No Longer King Dollar, but Still Centre of Attention - Monex Europe
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2 Articles
No longer king dollar, but still centre of attention - Monex Canada
A solid May jobs report appears to have proven just enough to see the greenback end the week flat, at least as of writing on Friday afternoon. While that leaves the DXY index trading sub-100, this is very much in line with our updated FX forecasts. As we noted earlier in the week, solid data is likely to put a floor under the dollar, even as erratic behaviour from the Trump administration caps any upside. Perhaps just as importantly, it distract…
No longer king dollar, but still centre of attention - Monex Europe
A solid May jobs report appears to have proven just enough to see the greenback end the week flat, at least as of writing on Friday afternoon. While that leaves the DXY index trading sub-100, this is very much in line with our updated FX forecasts. As we noted earlier in the week, solid data is likely to put a floor under the dollar, even as erratic behaviour from the Trump administration caps any upside. Perhaps just as importantly, it distract…
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