Forex Today: Dollar buyers struggle for a reason – by ValBednarik EURUSD XAUUSD Equities CryptoCurrencies Sentiment
The week started with the greenback trying to recover the ground lost on Friday, but the American currency ended up losing further ground against its major rivals. The dollar accelerated its decline late in the US session as, one of which is renewed speculation theis near a pivot on monetary policy. The central bank is expected to ease the pace of quantitative tightening regardless of Chair Jerome Powell´s hawkish comments. Another factor is China.
helped the shared currency, with Industrial Production improving by more than anticipated in September.
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