November 29, 2023 – Written by James Fuller
STORY LINK Euro-Dollar Unable to Hold Above 1.10, Slide in Euro-Zone Inflation Deters Further Buying
The US Dollar (USD) was subjected to sharp selling against the Euro (EUR) on Tuesday following a more dovish speech from Federal Reserve Governor Waller.
The Euro to Dollar (EUR/USD) exchange rate broke above the 1.1000 level with 3-month highs at 1.1018 before a retreat to 1.0975 on Wednesday amid weaker-than-expected Euro-Zone inflation data.
The…
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