View full page at forexfactory.com

 

Dollar's Pre-Weekend Retreat Extended in Asia Before Stabilizing in Europe

From marctomarket.com

The US dollar had a poor close in the North American session before the weekend as investors appear increasing anxious about the new US Administration's economic policies and priorities.With no fresh details emerging over the weekend, some stale dollar longs exited. The dollar stabilized in the European morning, but broader risk appetites were not rekindled, and the Dow Jones Stoxx 600, led by financials, was sold to its lowest level this month. Asian shares did better, with the MSCI Asia Pacific Index snapping a two-day decline by rising nearly 0.2%. However, Japanese shares were heavy, and the three-day rally in ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News