It was one of those topsy-turvy weeks for the U.S. dollar, as it was off to a solid start before losing steam on its rallies midweek.  Monetary policy biases were still front and center, with major currencies taking cues off fresh inflation updates and central bank rhetoric. For the most part, sticky price pressures dampened easing expectations for the likes of the Fed, BOE, and RBNZ. Read on to find out how the rest of the forex market fared.

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Access to exclusive MarketMilk™ sections
  • Plus More!

This post first appeared on babypips.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

USD Weekly Review (Nov. 9 – 13)

Mixed performance from the Greenback this week, overall leaning towards positive at…

What’s the Deal with Bond Yields These Days?

There has been a lot of buzz about surging bond yields lately,…

Rupee at all-time low, touches 80.06 against US dollar in early trade

Rupee at all-time low, touches 80.06 against US dollar in early trade…

Are your crypto investments legal? Here’s everything you need to know

Crypto in India is currently booming, the market has been thriving, and…