Daily Market Comment – Dollar slips further ahead of PCE inflation as equity rebound gathers steam
Posted on May 27, 2022 at 9:21 am GMTWall Street poised to snap losing streak as Fed bets ease, China tech earnings help Dollar drops to fresh one-month low; can PCE inflation revive it? Sunak’s support package shores up pound, euro heads for strong weekly gains Stock markets end week on stronger footing Despite a few wobbles, the recovery that got underway on Wall Street at the start of the week has gone from strength to strength and the major US indices are on track to break their [..]