The U.S. dollar index, which measures the greenback's performance against a basket of six major currencies, closed 0.58% lower in Friday’s session followed by an attempt to recover its momentum modestly in Monday's European morning session.
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Daily Market Pulse
November FX Consensus Forecast
The Federal Reserve is playing a dangerous game in their ability to ignore and constantly undermine high sustained inflation, referring to such price behaviour as transitory. Policymakers. Read more about the November FX Consensus Forecast here.
October FX Consensus Forecast
Sustained inflation has proven to be more than transitory and it has started to raise concerns over policymakers globally, unfolding a hawkish wave of central banks shifting stance.
September FX Consensus Forecast
The outburst of the Delta variant kept the global markets sour through the course of a turbulent month of August.
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