Post-Fed Analysis: Dollar Woes Continues, Euro Rises Ahead of French Election
Wednesday, 3 July 2024, 05:35
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Post-Fed Analysis:
The dollar is on a downward trend after a dovish speech by Powell, while the euro is seeing gains in anticipation of the French election.
Analysts predict:
- further dollar weakening in the short term
- the euro remains strong
- Investors are closely watching the market reactions to these currency movements, highlighting the uncertainty in the global economic landscape.
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