Philippines
2025-08-12 19:26
IndustryThe euro fell 0.3% to $1.16123, while the pound fe
The euro fell 0.3% to $1.16123, while the pound fell 0.2% to $1.34335. Michael Brown, market analyst at London-based online broker Pepperstone, said: "The dollar strengthened slightly against all major currencies, although overall moves were muted. A very mildly hawkish repricing of Fed policy expectations appears to be driving the dollar's strength. This move is likely due to market participants adjusting some of their positions ahead of the risks posed by the Consumer Price Index (CPI) release."#SharingTradingMistakesAndGrowth#BrokerEvaluation
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The euro fell 0.3% to $1.16123, while the pound fe
The euro fell 0.3% to $1.16123, while the pound fell 0.2% to $1.34335. Michael Brown, market analyst at London-based online broker Pepperstone, said: "The dollar strengthened slightly against all major currencies, although overall moves were muted. A very mildly hawkish repricing of Fed policy expectations appears to be driving the dollar's strength. This move is likely due to market participants adjusting some of their positions ahead of the risks posed by the Consumer Price Index (CPI) release."#SharingTradingMistakesAndGrowth#BrokerEvaluation
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