US DOLLAR LIKELY TO REMAIN UNDER PRESSURE THIS WEEK – BBH
The Dollar was broadly weaker against the majors last week. Economists at BBH analyze Greenback’s outlook for the last days of the year.
The last week of 2023 is likely to be the calm before the storm
The Dollar is likely to remain under pressure this week due to the lack of any major data that might slow the downward momentum.
Early January will bring a slew of key economic data that calls the pivot into question. Until then, the Greenback is likely to remain under pressure.
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