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2024-06-14 13:04:40

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: Dollar's Best Streak Since February Threatened as Bulls Retreat =============== ...

Dollar's Best Streak Since February Threatened as Bulls Retreat
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#b9c27144 ver:1.88

The US dollar's best streak since February is threatened as bulls retreat. Speculators have slashed long dollar bets for six straight weeks, indicating a lack of confidence in the US yield advantage. The rise in the Dollar Index suggests fear in the medium-short term, while the dollar remains on track for its fourth consecutive week of gains. Non-commercial traders have significantly reduced long dollar wagers since April. #USD #forex #economy...

#newstr #UsDollar #FederalReserve #InterestRates #CurrencyTraders

https://here.news/story/b9c27144?ver=1.88
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