European Open Preview – Dollar stages comeback as yen crumbles; US core PCE index eyed
Posted on March 29, 2018 at 8:08 am GMTHere are the latest developments in global markets: FOREX: The dollar index declined 0.1% today, giving back some of the significant gains it posted yesterday when it recorded its biggest daily surge in six months. Meanwhile, the yen was losing ground as geopolitical tensions appeared to ease further, and amid increased flows in light of the Japanese fiscal year ending tomorrow. STOCKS: US markets closed lower again, though the magnitude of the declines was much smaller compared to recent days. The tech-heavy Nasdaq Composite [..]