Dollar rally slows
On Thursday, markets rebounded from the post Fed repositioning. The dollar did run into resistance. EUR/USD failed to sustain below 1.30, but the rebound was limited. EUR/GBP returned also higher in the established trading range. Today, we expect more wait-and-see behaviour ahead of next week key US eco data. The topside in EUR/USD looks still difficult.
Read the full report: FX Daily
KBC