Momentum Indicators Warn Of Further Dollar Weakness, But Will Sellers Emerge Ahead Of The FOMC?
July 24, 2022 at 17:12 PM EDT
The dollar fell against all the major currencies last week, but it pared the losses ahead of the weekend. The sub-50 EMU flash composite PMI unwound the half-cent gain the euro recorded after the ECB delivered a 50 bps hike.
