• Uncategorised

GBP/USD drops ahead of UK and US services data

RSS RSS

It has been a day of two halves for the U.S. dollar. The greenback was initially lower and sharply so against some commodity currencies, before bouncing back in the second half of today’s session – most notably against the British pound but also versus the Swiss franc and the Japanese yen. Commodity currencies were still outperforming, however, no doubt boosted by the ongoing risk-on rally.

You may also like...

Read previous post:
Asia AM Digest: Sentiment Up. AUD May Fall on Status Quo RBA

A rebound in global sentiment saw Wall Street gap higher at market open, the US Dollar then took back most...

Close