USD Rout Continues But Stocks Stumble

Special report: Time to Abandon the Buck?

US Dollar momentum in the aftermath of the Fed decision proved to be quite mild and over the past few days, the faded Dollar rally has now turned back into a resumption of the Dollar downtrend in 2017. The Euro has charged to fresh yearly highs and shows no signs of stalling out…just yet.

Next 24 hours: USD Rout Continues But Stocks Stumble

There was no let down in the US Dollar slide against the developed currencies, with even the Yen joining the party. Of course, Yen gains were less a function of yield differential themes supporting currencies like the Euro, Pound and Loonie, and more about risk liquidation flow.

Global FX Insights Next 24 hours   LMAX Exchange  

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