Dollar rallies as stocks digest gains, but European majors strengthen – Forex action

Dollar rallies as stocks digest gains, but European majors strengthen – Forex action

Global stock markets are reducing some of yesterday’s strong gain, as well as a slight pullback in the price of oil. This development is reflected in a slight weakness in commodity currencies. Still, the dollar is not gaining much at the moment, as it is overshadowed by the rally of European majors and the yen. […]

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