US Dollar Index falls into an air pocket ahead of 104.00 By pabspiovano DollarIndex Currencies Majors
Initial Claims, Philly Fed Index, housing data next on tap., returns to the negative ground after faltering just ahead of 104.00 the figure on Thursday.The dollar’s rebound from weekly lows in the 103.20 region appears to have lost some impulse in the area just ahead of the 104.00 neighbourhood on Thursday amidst the apparent resumption of the risk-on sentiment.with the equally negative performance in US yields along the curve so far, adding to the recent weakness.P.
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