Sunday, May 17


In case you missed it, the U.S. dollar dominated yesterday’s trading as some traders cooled down their Fed interest rate cut bets.

Other market players also priced in global growth concerns especially as geopolitical tensions escalate in the Middle East following Iran’s release of a warship to the Red Sea.

USD gained a few pips on fellow safe haven CHF, enough to push USD/CHF to a key technical resistance zone.

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