Dollar regained momentum today as two important market narratives moved in its favor simultaneously. First, investors became increasingly skeptical that a US-Iran agreement would be reached quickly, pushing oil prices higher again. Second, stronger-than-expected US employment data reinforced confidence in the economy and strengthened the case for maintaining restrictive monetary policy. Together, those developments helped […]
The post Dollar Rises as Markets Price Out Quick Iran Deal and Price In Higher Fed Rates appeared first on ActionForex.
