Analyzing the Impact of the Dollar’s Strength on Currency Pairs EUR/USD, GBP/USD, USD/CAD, and USD/JPY vs the Fed and ECB Outlooks
Key Takeaways The U.S. dollar fell to a three-week low due to weaker economic data and expectations of interest rate cuts. The euro gained against the dollar to a three-week high. U.S. manufacturing sector is showing signs of decline with ISM and construction spending data dropping. Markets are questioning the U.S. … Read more