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Thursday, April 6, 2023

Technical: EUR/USD, GBP/USD, USD/CAD, USD/JPY – U.S. Dollar Retreats Towards Session Lows

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Alert Alert Apr 7, 2023, 12:35am
 
Technical: EUR/USD, GBP/USD, USD/CAD, USD/JPY – U.S. Dollar Retreats Towards Session Lows
U.S. Dollar: {chart} U.S. Dollar Index made an attempt to settle above the 102 level but lost momentum and pulled back. Initial Jobless Claims declined from 246,000 (revised from 198,000) to 228,000, compared to analyst consensus of 200,000. The surprising revision shows that Fed's rate hikes have already put pressure on the job market, which is bearish for ...
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