Dollar Rebound Gathers Pace Amidst Central Bank Decisions
Friday, 22 March 2024, 12:01
ForexLive European FX News Wrap
Headlines:
- Dollar stays bid in European morning trade
- ECB's Nagel: The probability of a rate cut before the summer break is increasing
- Japan's largest union group Rengō: Average wage hike seen at 5.25%
Markets:
- JPY leads, AUD lags on the day
- Gold down 0.7% to $2,166.01
The dollar is showing strength with EUR/USD and GBP/USD struggling. Equities are cautious after Wall Street's retreat, with a focus on the dollar's future trend.
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.