Unpacking the Dollar’s Rise: A Reflection on Risk Aversion and Quiet Trading
Unpacking the Dollar’s Rise: A Reflection on Risk Aversion and Quiet Trading Description: Risk aversion continues to support Dollar in relatively quiet trading today. Both Sterling and Canadian Dollar weakened mildly after worse-than-expected retail sales data. Euro shrugged off dovish comments from some ECB officials. Meanwhile, Yen softened slightly following lower-than-expected CPI core reading. However,…