Next 24 hours: Euro and Yen Higher, Pound Lower
Today’s report: US Dollar Reasserts in May
We are coming off a solid month for the US Dollar, with the USD Index closing near two-month highs. Most of the gains in the index have come against the Euro, Yen and Pound, with the Buck actually giving some back to the commodity currencies. But overall, the price action is reflective of this latest hawkish shift in the Fed's outlook. read report