Weekly roundup: US dollar soars as bearish trade ...
The US dollar enjoyed strong support through last week’s session as a firmly entrenched risk-off mood saw investors favour the safe-haven ‘greenback’.
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The US dollar enjoyed strong support through last week’s session as a firmly entrenched risk-off mood saw investors favour the safe-haven ‘greenback’.
The pound rallied on Monday, lifted by an upbeat market mood and pullback in the US dollar.
The pound continued to trend lower on Friday, after the UK reported a shock contraction in retail sales.
The US dollar continued to race higher on Thursday, in response to a further souring of market sentiment.
The US dollar remained bullish on Wednesday, following the release of the minutes from the Federal Reserve’s July policy meeting.
The US dollar traded with strong gains on Tuesday as the currency benefitted from considerable safe-haven flows.
The US dollar initially enjoyed strong support last week, with rising US Treasury yields and a prevailing risk-off mood bolstering the appeal of the s
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