Dollar Slide Deepens

The dollar extended its post-Fed slide, with the Dollar Index breaking below 98.50 for the first time since October.

Image Source: Pexels
 

The dollar extended its post-Fed slide in European trading, with the Dollar Index breaking below 98.50 for the first time since October as Fed Chair Powell’s cautious tone and clear divisions within the FOMC continued to weigh on sentiment, helping lift the Euro.

Video Length: 00:00:56


More By This Author:

New Day, New Divergences
FOMC Decision Preview - Wednesday, Dec. 10
Global Macro At An Inflection Point

Comments