RSS Dollar: Slowing Momentum, Same Direction

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 RSS Dollar: Slowing Momentum, Same Direction

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Stock market sentiment is moving out of the extreme fear zone it plunged into last week, and the dollar has paused its strengthening. Friday’s CPI report came in slightly weaker than average forecasts, reducing the fear of future Fed monetary policy. Traders probably assumed that the Fed had better information about recent inflationary trends, which […]

The post Dollar: Slowing Momentum, Same Direction appeared first on Action Forex.
 
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