US Dollar Recovery Stalls Amid A Mildly Brighter Market Sentiment
July 30, 2024 at 08:50 AM EDT
The USD lost momentum on Tuesday although it remains above previous resistance levels. An improved risk environment and hopes of a dovish turn by the Fed have capped the US Dollar’s recovery. DXY: Below 104.55, the next targets are 1.0405 and 1.0365