posted by
FXTimes
778 days ago
in USD, Sentiment, Oil
made popular 778 days ago
Friday’s session was characterized by USD weakness as global equities were quite strong overnight and commodities rallied. That helped spur “risk-on” trading, which benefited higher-yielding growth linked currencies like the Australian and Canadian Dollars at the expense of safer, lower yielders like the Japanese Yen and USD. The US was also pressu