The dollar recovered most of the ground lost in the aftermath of the Fed’s decision amid ECB and BOE monetary policy announcements. The dollar edged higher against most major rival currencies, with the JPY being its strongest rival and the GBP the weakest.Stock markets advanced, partially limiting US Dollar gains. …
Read More »Market Drivers – US Session – 1 February
The US dollar remained on the backfoot on Tuesday, although losses were limited across the Forex board. The EUR/USD pair is ending the day pretty much unchanged in the 1.1240/50 area after dismal EU data put a cap to the shared currency.The GBP/USD shrugged off UK’s political row and retained …
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