Audio recap: US dollar inching closer to recovery phase

Author: Forex Live | Category: News

What's happening to the US dollar

The dollar opens up under pressure on Monday, extending its run of declines. The euro has traded up to its highest levels since September 2018 as a consequence and the move has been quite substantial. The big takeaway is the type of US dollar selling we're seeing now and how it's different from a lot of what we've seen over the past several weeks. 

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