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The US dollar drifts lower in a sign of improving risk appetite

by Investor News Today
February 4, 2025
in Investing
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The US dollar drifts lower in a sign of improving risk appetite
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The US greenback is softening throughout the board in the meanwhile in a sluggish, regular transfer.

USD/CAD is especially notable because it slips via yesterday’s low and Friday’s low, creating one thing of a head-and-shoulders high that targets near 1.40.

USDCAD 30 minutes

The temper is bettering in markets, although it isn’t clear but in inventory markets. S&P 500 futures are flat simply forward of the open after the wild journey yesterday. Nasdaq futures are modestly increased.

Financial information right now consists of sturdy items orders and JOLTS, each due at 10 am ET.



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