Dollar's Rally Pauses Near Key Levels
Marc Chandler
August 16, 2023
Overview: The US dollar is trading with a slightly
heavier tone in the European morning. It has stalled in front of JPY145.90,
where the BOJ intervened last September and ahead of CNY7.30, which some
observers think Chinese officials are defending. We are less convinced that
either central bank has drawn a line at a particular level and suspect it…
Dollar's Rally Pauses Near Key Levels
Reviewed by Marc Chandler
on
August 16, 2023
Rating:
