The U.S. dollar slipped lower in early European trade Friday - GEPL Capital
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News / Other data
* The dollar moved broadly lower on Tuesday while Australia and New Zealand's currencies jumped as risk appetite grew after China said it will scrap its COVID quarantine rule for inbound travellers - a major step towards easing curbs on its borders.
* The Russian rouble strengthened sharply in a volatile session on Monday, recovering some ground after its largest weekly slump since early July on fears over the impact of oil and gas sanctions on Russia's export revenue.
* The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing expectations of smaller interest rate increases from the Federal Reserve and improving investors' risk appetite.
* Iran's currency hovered near a historic low against the U.S. dollar on the unofficial foreign exchange market on Friday amid renewed street protests in the restive southeast, where a prominent dissident Sunni Muslim cleric denounced a bloody crackdown on street demonstrations.
* Withdrawing cash to pay for wine at Zagreb's Christmas Market is no easy task as the country readies to introduce the euro on Jan. 1, including preparing ATM cash machines by leaving only a third of them able to dispense the national kuna currency.
* The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year.
Data inference
* No Major Event.
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