The dollar maintained its bullish aggression as strong US data raised doubts about the Fed’s next rate cut, leading to EURUSD losing 100 pips.
Image Source: Pixabay
The dollar maintained its bullish aggression as strong US data raised doubts about the Fed’s next rate cut, leading to EURUSD losing 100 pips.
With two more cuts expected until the end of the year, will there be any surprises if jobless claims fall further?
Timestamps
EURUSD 00:30
GBPUSD 01:35
Video Length: 00:04:24
More By This Author:
Intraday Analysis - Friday, Sep. 26Orbex LIMITED is a fully licensed and Regulated Cyprus Investment Firm (CIF) governed and supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10). Orbex LIMITED is licensed to provide Investment Services (Reception & Transmission, Execution and Dealing on own account) and Ancillary Services.
Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, the level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Comments
Log in or sign up to join the conversation.