Dollar Slips as Thin Trading Conditions Dominate Pre-Holiday Markets
Wednesday’s U.S. data releases, largely aligning with expectations, shifted market focus to month-end flows, which worked against the dollar. A wave of broad dollar selling coincided with a dip in risk appetite, evident in the weaker performance of U.S. equities.
Looking ahead, Thursday’s key events include German inflation figures and Eurozone sentiment data. However, with U.S. markets closed for Thanksgiving, trading volumes are expected to remain subdued through the end of the week.
Market participants should prepare for quieter sessions, with thin liquidity potentially amplifying price movements in global currencies.
Looking ahead, Thursday’s key events include German inflation figures and Eurozone sentiment data. However, with U.S. markets closed for Thanksgiving, trading volumes are expected to remain subdued through the end of the week.
Market participants should prepare for quieter sessions, with thin liquidity potentially amplifying price movements in global currencies. 