Market’s Upbeat Mood Hindering Dollar

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The S&P 500 rally is putting pressure on the greenback as a safe-haven asset. The Labour Party’s defeat in local elections will create problems for the pound. While the market tries to figure out tariffs, EURUSD is rising thanks to US stock indices and improved global trade. According to HSBC, supply chains have been restructured […]The post Market’s Upbeat Mood Hindering Dollar appeared first on ActionForex.