SYFX

US dollar selling continues to intensify

Published On: May 7, 2021

Summary

By sueyangfx.com May 07, 2021 at 04:57PM Dollar falls further Dollar selling has intensified across the board with the euro now up 100 pips to 1.2161 and AUD/USD soaring 76 points to 0.7858. The takeaway is that the Fed will […]

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By sueyangfx.com

May 07, 2021 at 04:57PM

Dollar falls further
Dollar selling has intensified across the board with the euro now up 100 pips to 1.2161 and AUD/USD soaring 76 points to 0.7858.
The takeaway is that the Fed will stay lower for longer because of one bad non-farm payrolls report. I’m not sure I buy into that thinking but this has quickly turned

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