The Dollar Continues to Squeeze Bears with Firmer US Data
Asia open: The dollar continues to squeeze bears with firmer US data City Index February 4, 2021 10:20 PM Firmer US data overnight helped propel the dollar and further confound bears who remain positioned for a deeper macro sell-off. Share: GBP and USD were strongest majors overnight, CHF and JPY were the weakest. Firmer US data strengthened the dollar, weighed on gold (which is back below 1800) and saw EUR/USD close beneath 1.2000. The steepening yiel...
Source: cityindex.co.uk