US Open Preview – Euro on slippery road; US core PCE inflation next in focus
Posted on September 28, 2018 at 11:49 am GMTHere are the latest developments in global markets: FOREX: The dollar maintained yesterday’s impressive rally against the Japanese yen, consolidating gains around 113.34 as the US confirmed a strong 4.2% q/q GDP growth in the second quarter, the highest since Q2 2016, signaling further rate hikes in the future. Monthly US durable goods orders printed a sharper increase in August than analysts thought, adding further spark to the greenback on Thursday. The dollar index head up to 95.28 (+0.41%) as the pound and [..]