© Reuters Investing.com – The U.S. dollar edged lower in thin holiday-affected volumes Friday, amid uncertainty of the future path of U.S. interest rates. At 03:00 ET (08:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.3% to 103.555, just above the two-and-a-half month low of 103.17
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There is not a lot on the data agenda for the session ahead, the Reserve Bank of Australia statement will be the focus although it shouldn’t move the AUD too much upon release. The Statement on Monetary Policy (SoMP) will update economic forecasts and the Bank’s assessment on the balance of risks to the outlook
Share: Pound Sterling trades in a tight range as investors eye BoE monetary policy decision for further action. The BoE is expected to keep interest rates unchanged amid easing labor market conditions and subdued retail demand. Deepening Middle East tensions dent demand for risk-perceived assets. The Pound Sterling (GBP) struggles to find a
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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any