The greenback is still vulnerable - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that the greenback is vulnerable to additional losses.

Key Quotes

"The US dollar suffered losses yesterday in response to confirmation that Fed policy will remain extremely accommodative for more than another year. Those losses were initially extended in Asia and even further in European."

"The Australian dollar and yen are competing for the leadership role today. The greenback is vulnerable to additional losses in response to the realization of the extent of the Fed’s dovishness”

GBP/USD drifting away FOMC gains

Currently, GBP/USD is trading at 1.6783, down -0.05% on the day, having posted a daily high at 1.6822 and low at 1.6754.
Mehr darüber lesen Previous

Nasdaq leads the downside, dollar in lows

The tech sector is leading the way south for the rest of the US markets on Thursday, with the Nasdaq dropping almost 3%, or around 120 pts...
Mehr darüber lesen Next