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> Dollar Rebounds Following Last Week’s Tumble; EZ PMIs in Focus Ahead of the ECB Decision
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Dollar Rebounds Following Last Week’s Tumble; EZ PMIs in Focus Ahead of the ECB Decision

JFD

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The dollar rebounded on Monday to recover a small portion of the losses it posted last week due to Trump’s remarks. The yen stabilized after gaining on the back of reports that the BoJ is discussing changes to its monetary policy.

After tumbling during the second half of last week, the wounded dollar rebounded on Monday to recover some of its lost ground. It ended the day in the green against all the other G10 currencies, with the main losers being AUD, NZD and EUR.


The greenback had been under massive selling interest on Thursday and Friday, and responsible for that was US President Donald Trump. The chorus began after, in an interview for CNBC...

Read the full financial markets daily report on JFD Research.

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Source: https://www.jfdbrokers.com/en/research/dollar-rebounds-following-last-week%E2%80%99s-tumble-ez-pmis-in-focus-ahead-of-the-ecb-decision
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