© Reuters The euro continues to experience a downturn, primarily driven by the risk-off sentiment due to escalating conflicts in the Middle East. This has led investors to favor the dollar over the European currency, contributing to its weakening. The situation is further exacerbated by China’s disappointing Golden Week spending and a significant contraction in
Market Recap Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Market sentiments continue to reel in from the hawkish takeaway in the recent FOMC minutes, with the reckoning for rates to be kept high for longer pushing US Treasury yields to