Dollar Sees Some Relief on Strong Data
- Category: USD
Dollar exchange rates firm through the midweek session, although strength is still expected to be limited.
The Dollar softened at the start of July and analysts see further declines likely in H2 as fears of a U.S. fiscal crisis evolve.
Pound Sterling is in an uptrend against the Dollar, but some consolidation at lower levels is now necessary.
The Dollar is under pressure, but its tariff headache could be close to ending.