SYFX

US dollar comes under pressure ahead of the FOMC

Summary

By sueyangfx.com April 28, 2021 at 03:27PM Fed jitters fade The US dollar is coming under some broad selling pressure with approx 20 pip moves against other currencies. EUR/USD is quickly up to 1.2088 from 1.2068 but the move is […]

April 28, 2021 at 03:27PM

Fed jitters fade
The US dollar is coming under some broad selling pressure with approx 20 pip moves against other currencies.
EUR/USD is quickly up to 1.2088 from 1.2068 but the move is universal. It comes with Treasury yields falling back to flat on the day and a decent bid in equities.

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