US Dollar Trends Downwards in Anticipation of Significant Economic Events
Monday, 26 February 2024, 12:30
US Dollar Dips Ahead of Eventful Week with Key PCE Inflation
The US Dollar (USD) is dipping lower on Monday, despite nothing market moving taking place at the start of this week. Two main drivers for the Greenback to keep in mind this Monday:
- Anticipation for eventful week ahead
- Key PCE inflation data release imminent
Conclusion: The US Dollar's decline amidst a relatively calm start sets the stage for a potentially volatile week influenced by crucial economic data and global events.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.