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Wednesday, April 5, 2023

Fundamental: US dollar gains after days of losses, but outlook still bleak on Fed pause view

Forex Factory
 
 
Alert Alert Apr 5, 2023, 10:48pm
 
Fundamental: US dollar gains after days of losses, but outlook still bleak on Fed pause view
The dollar edged higher on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book profits ahead of the all-important U.S. non-farm payrolls report on Friday. The underlying trend though for the dollar remained tilted to the downside and Wednesday's U.S. private sector jobs numbers affirmed ...
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